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HomeMetro NewsEFCC recovers $445,000 and N32 bln in humanitarian affairs probe

EFCC recovers $445,000 and N32 bln in humanitarian affairs probe

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The Economic and Financial Crimes Commission (EFCC) announced on Sunday that it has recently recovered $445,000 and N32 billion as part of its ongoing investigation into the Ministry of Humanitarian Affairs scandal.

According to EFCC spokesman Dele Oyewale, the additional recovery came between March and April, supplementing the N30 billion previously recovered before March, as mentioned by EFCC Chairman Olu Olukoyede in a mid-March interview.

The probe was initiated on the directive of President Bola Tinubu following the suspension of Minister of Humanitarian Affairs Beta Edu. Also under investigation are Edu’s predecessor, Sadiya Umar-Farouq, and the Coordinator of the National Social Insurance Programmes Agency, Halima Shehu.

In a statement titled “Beta Edu and other Matters: For the Purpose of Clarity,” EFCC spokesperson Dele Oyewale clarified that no officials from the Ministry of Humanitarian Affairs have been cleared in the ongoing investigations.

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The EFCC has recovered a total of N32.7 billion and $445,000, uncovering fraudulent dealings related to COVID-19 funds, World Bank loans, and Abacha loot.

The EFCC also announced its intensified efforts against naira abusers, citing the recent conviction and six-month imprisonment of controversial figure Idri Okuneye, popularly known as Bobrisky, by the Federal High Court in Lagos.

Acknowledging public support in reporting naira abuse and dollarization of the economy, the EFCC highlighted its commitment to prosecuting those involved in naira abuse, emphasising its no-sacred-cow approach.

Several celebrities are under investigation for naira abuse, with some providing statements and likely to be invited for questioning. The EFCC urged the public to comply with the laws against the crime.

(Edited by Oludare Mayowa; omayowa@globalfinancialdigest.com; Newsroom: +234 8033 964 138)

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