The Economic and Financial Crimes Commission (EFCC) has announced the recovery of N30 billion from its investigation into Betta Edu, the suspended minister of humanitarian affairs. President Bola Tinubu suspended Edu on January 8 and directed the EFCC to conduct a thorough investigation into the financial transactions of her ministry.
The investigation has led to the suspension of social investment programs such as the N-Power program, conditional cash transfer program, government enterprise and empowerment program, and homegrown school feeding program. The EFCC has been probing the suspended minister and her ministry.
In an update titled "EFCC Alert," the commission stated that it is also investigating 50 bank accounts, and the recovered N30 billion has been returned to the federal government.
Ola Olukoyede, chairman of the EFCC, emphasized the importance of following due process in investigations. He stated, "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."
Olukoyede added, "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 some of the discoveries that we have seen."
He urged Nigerians to be patient, emphasizing that the EFCC is committed to conducting thorough investigations and ensuring that justice is served.
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