Skip to main content

BETTA EDU: EFCC RECOVERS 30 BILLION NAIRA


The Economic and Financial Crimes Commission (EFCC) has so far recovered 30 Billion naira for the Federal Government while it has also placed 50 bank accounts under investigation in the ongoing probe of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, including the erstwhile chief executive officer of the now suspended National Social Investment Programme Authority (NSIPA), Halima Shehu.

Both Edu and Shehu were suspended about three months ago by President Bola Tinubu over alleged financial malfeasance. 

The President also suspended Social Investment Programme and, thereafter, asked the EFCC to take over the case and probe both embattled officials including anyone involved.

Three months after, executive chairman of EFCC, Ola Olukoyede, who made the revelations, said the anti-graft agency was making progress on the investigation, emphasising the magnitude of the case and the need for Nigerians to exercise patience.

Olukoyede spoke in the March edition of the commission’s monthly e-magazine, EFCCAlert, obtained on Monday.

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 President 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 30 billion naira, 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 to. 

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.

“Nigerians have seen the impact of what we have done so far, by way of some people being placed on suspension and by way of the recoveries that we have made. 

You have seen that the programme itself has been suspended

“We are exploring so many discoveries that we have stumbled upon in our investigation. 

If it is about seeing people in jail, well let them wait, everything has a process to follow. 

So Nigerians should wait and give us the benefit of the doubt,” Olukoyede stated.

Comments

Popular posts from this blog

GOVERNMENT COLLEGE IBADAN OLD STUDENT DOCKED OVER ASSAULT ON FEMALE LAWYER

  An Iyaganku Chief Magistrate court has remanded in prison custody, a 59 year old ex-student of Government College Ibadan, Debo Adegbola over a three count charge bothering on indecent touching, sexual assault and breach of public peace. The accused, who is an automobile dealer who pleaded not guilty to the charges had on Saturday, 17th February, 2024, at a burial party in a popular event center along poly Eleyele road in Ibadan, indecently touched the victim in sensitive parts of her body publicly without her consent. Adebowale, was also said to have slapped the victim, who is an Ibadan based female legal practitioner countless number of times in the process of the assault. Still not satisfied, Debo Adegbola was alleged to have picked up a bottle and smashed it on the head of the victim, thereby breaking her skull in the process, causing her grievious injury leaving her in a pool of blood before she was rushed to a private hospital around Bodija area of Ibadan for first aid treat...

OYO ASSEMBLY TO CONFIRM JUSTICE TAJUDEEN ABDUL'GANIYU AS PRESIDENT, CUSTOMARY COURT OF APPEAL

Oyo State Governor, Engr Seyi Makinde has forwarded a letter requesting for the confirmation of appointment of Hon. Justice Tajudeen Muhammad Abdul Ganiyu as the President Customary Court of Appeal, Oyo State to the State House of Assembly. The request follows the recommendation of Hon. Justice Tajudeen Muhammad Abdul Ganiyu to the National Judicial Council as President of the Court of Appeal by the Oyo State Judicial Service Commission. According to the letter, ” Consequent upon the request, the National Judicial Council has recommended Hon. Justice Tajudeen Muhammad Abdul Ganiyu as the new President of Oyo State Customary Court of Appeal.” The position became vacant due to the retirement of former President of the Customary Court of Appeal in Oyo State, Hon. Justice Moshood Akintunde Abass. BIOGRAPHY OF HON. JUSTICE TAJUDEEN MUHAMMAD ABDULGANIYU. His Lordship, Hon. Justice Tajudeen Muhammed Abdul Ganiyu was born on 19th January 1962.  He attended Bayero University, Kano between 1...

COURT FORFEIT TWO OIL BUNKERING VESSEL TO GOVERNMENT

Two Federal High Courts sitting in Abuja has ordered the forfeiture of MT Kali and MT Harbor Spirit, two bunkering vessels to the Federal Government of Nigeria. The two vessels were recently arrested by operatives of TSSNL in conjunction with the special task force set up by the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla. Delivering an interim order of forfeiture in the case filed by Inspector General of Police (IGP) Kayode Egbetokun, Justice J. K. Omotosho yesterday ordered that MT Harbor Spirit and its content be forfeited to the Federal Government pending when any party might show cause why the order should not be made final within six months. The police, in the charge between the IGP v. MT Kali & 22 others, had arraigned the vessel and its crew members before Justice J. O. Abdulmalik. The court ordered the sale of the stolen crude oil contained in the impounded ocean-going equipment by the Nigerian National Petroleum Company Limited (NNPCL), and also directed that the p...