The Economic and Financial Crimes Commission (EFCC) has announced a significant recovery in its ongoing investigation into the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu. According to EFCC Chairman Ola Olukoyede, the commission has successfully retrieved N30 billion from Edu, who is embroiled in allegations of financial mismanagement alongside Halima Shehu, the former chief executive officer of the now-suspended National Social Investment Programme Authority (NSIPA).
Olukoyede revealed these developments in the March edition of EFCCAlert, the commission’s monthly e-magazine, obtained by Naija News. He confirmed that the recovered sum has been deposited into the federal government’s coffers, emphasizing the thoroughness of the investigation despite its relatively short duration.
The EFCC chairman reiterated President Bola Tinubu’s unwavering commitment to combating corruption, highlighting the complexity of the case with over 50 bank accounts currently under scrutiny. Olukoyede urged Nigerians to be patient, noting the meticulous approach required to navigate the extensive leads uncovered in the investigation.
He emphasized the professionalism of the EFCC staff involved in the case and emphasized the need for due process in concluding investigations, citing the suspension of both Edu and Shehu as part of the ongoing probe. Olukoyede also hinted at further revelations and potential legal actions as the investigation progresses, urging Nigerians to trust in the process.
The suspensions of Edu and Shehu occurred approximately three months ago, following allegations of financial misconduct within the Humanitarian Ministry and NSIP. The EFCC’s continued efforts underscore its dedication to upholding accountability and transparency in governance.