EFCC Recovers N30Bn Linked to Suspended Humanitarian Minister, Betta Edu

The Economic and Financial Crimes Commission( EFCC) has recovered N30 billion linked to the suspended Minister of Humanitarian Affairs, Betta Edu. The commission is currently looking into 50 bank accounts as part of its investigation.

The most recent update was shared in a report called “EFCC Alert,” which highlights significant arrests, legal actions, and assets recovered by the commission in the past month.

According to a document authorized by EFCC Chairman, Ola Olukoyede, and obtained by our correspondent on Monday, it is revealed that the N30 billion recovered has been transferred to the Federal government’s accounts.

The report states, “We have guidelines in place for the investigation of Betta Edu. It is important for Nigerians to understand that those individuals have been suspended as a result of our thorough investigation. President Bola Tinubu has shown his commitment to combating corruption.”

Furthermore, in this specific instance, we have managed to retrieve more than N30 billion, which has already been deposited into the Federal Government’s accounts.

“Investigations can be lengthy, and in our case, we began less than six weeks ago. Some inquiries can stretch over several years due to the complexity and various aspects involved. It’s crucial to meticulously pursue the leads we have found so far. Nigerians should allow us the necessary time to conduct a thorough investigation, as we have competent professionals handling the matter. Numerous leads and angles need to be followed up on to ensure a comprehensive

understanding of the situation.

“Currently, we are looking into more than 50 bank accounts where we have followed the money trail. This is a significant matter and not something to be taken lightly. If you’re wondering about the size of my team, I’ll address that as well.

“The EFCC also urged for a collaborative effort in combating corruption, stressing the need for support from the judiciary and legislative branches in the fight against corrupt practices.”

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