The Economic and Financial Crimes Commission (EFCC) has made significant strides in its ongoing investigation into the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and former Chief Executive Officer of the National Social Investment Programme Authority (NSIPA), Halima Shehu.
The anti-graft agency has disclosed that it has recovered a staggering N30 billion and has initiated investigations into 50 bank accounts connected to the scandal.
Chief Bola Tinubu suspended Edu and Shehu approximately three months ago amidst allegations of financial misappropriation.
Additionally, the Social Investment Programme was suspended, with the EFCC instructed to take over the case and conduct a thorough probe into the embattled officials.
Ola Olukoyede, the Chairman of EFCC, revealed these developments in the March edition of the agency’s monthly e-magazine, EFCCAlert.
He stated, “We have laws and regulations guiding our investigations. Nigerians will also know that they are already on suspension and this is based on the investigations we have done, and Bola Ahmed Tinubu has proved to Nigerians that he is ready to fight corruption.
“Moreover, with respect to this particular case, we have recovered over N30 billion, which is already in the coffers of the Federal Government. It takes time to conclude investigations; we started this matter less than six weeks ago.
“There are cases that take years to investigate. There are so many angles to it. And we need to follow through with some of the discoveries that we have seen. Nigerians should give us time on this matter; we have professionals on this case and they need to do things right. There are so many leads here and there.
“As it is now, we are investigating over 50 bank accounts that we have traced money into. That is no child’s play. That’s a big deal. Then you ask about my staff strength. And again, we have thousands of other cases that we are working on,” he added.
