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Home»ACCOUNTABILITY/CORRUPTION»Edu, Shehu: EFCC recovers ₦30bn, probes 50 bank accounts
ACCOUNTABILITY/CORRUPTION

Edu, Shehu: EFCC recovers ₦30bn, probes 50 bank accounts

Abdoulaye KayBy Abdoulaye KayApril 8, 2024Updated:April 8, 2024No Comments2 Mins Read
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ASHENEWS reports that the Economic and Financial Crimes Commission (EFCC) says it has recovered N30 billion for the Nigerian government, and probing 50 bank accounts.

The executive chairman of EFCC Ola Olukoyede,, who shared that progress was being made in the investigation, also revealed that the commission is currently probing 50 bank accounts relating to the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and the former CEO of the (NSIPA), Halima Shehu.

He highlighted the seriousness of the case and urged Nigerians to be patient.

“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 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.

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“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 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,” he said.

Betty Edu EFCC Halima Shehu
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[VIEWPOINT] A just transition cannot be built on women’s land, labour and bodies,by Dr Melania Chiponda

August 18, 2026

Food inflation rises to 20.31% in July, highest in 10 months

August 18, 2026

Naira strengthens to N1,350/$, strongest level since April

August 18, 2026

DMO allots N1.56trn FGN bonds as demand reaches N1.73trn

August 18, 2026
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