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EFCC recovers N30bn loot under suspended Minister Betta Edu’s Ministry

The Nigeria Anti-Graft Agency, Economic and Financial Crimes Commission, EFCC has confirmed the recovery of N30 billion from the public funds allegedly looted under the Ministry of Humanitarian Affairs and Poverty Alleviation, which was overseen by suspended Minister Betta Edu.

According to SaharaReporters, this was disclosed in a bulletin titled, “EFCC Alert,” which was made available to newsmen on Monday.

The bulletin said the agency is also probing at least 50 bank accounts and that the recovered N30 billion is now in the Federal Government’s coffers.

READ ALSO: Binance, Executive in Nigerian court over alleged $34m money laundering

“Update on Betta Edu investigation. 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 Tinubu has proved to Nigerians that he is ready to fight corruption.

“Moreover, concerning 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. Some cases 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. 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,” the document read.

Mo Isa
Mo Isa
Mo Isa is writer whose pen only curate the latest news within your neighbourhood.

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