Connect with us

FEATURED

Betta Edu: EFCC Returns N30bn To FG’s Coffers, Investigates 50 Bank Accounts

Published

on

The Economic and Financial Crimes Commission (EFCC) has disclosed significant progress in its investigation into an alleged money laundering case involving the suspended Minister of Humanitarian Affairs, Betta Edu, and the ministry.

According to the EFCC, it has recovered N30 billion in connection with the case and is currently scrutinizing 50 bank accounts.

This revelation came through a bulletin titled, “EFCC Alert,” which outlined major arrests, prosecutions, and recoveries made by the commission in the past month. Signed by EFCC Chairman, Ola Olukoyede, the bulletin confirmed that the recovered N30 billion has been deposited into the Federal Government’s coffers.

Olukoyede emphasized the adherence to laws and regulations governing EFCC investigations, noting that the suspects, including Betta Edu, are already under suspension pending the outcome of the probe. He commended the commitment of President Bola Tinubu to combat corruption and assured the public of the agency’s professionalism in handling the case.

The EFCC chairman highlighted the complexity of the investigation, stating that it takes time to conclude such matters. He urged Nigerians to be patient, emphasizing the thoroughness required in uncovering various leads and ensuring a comprehensive investigation.

The EFCC’s announcement underscores the ongoing efforts to tackle financial crimes and uphold accountability in public office. As the investigation progresses, further developments are expected to shed light on the extent of the alleged money laundering activities and any associated implications.

(Daily Sun)

Advertisement
Article Banner
Continue Reading
Advertisement
Click to comment
FEATURED3 hours ago

Malami, Ogboru, Gbadebo Rhodes-Vivour Lead as ADC Unleashes Political Heavyweights for 28 Governorship Slots ahead of 2027

FEATURES3 hours ago

Atiku to Tinubu: Release Your FBI Files, I Have Nothing to Hide

FEATURED8 hours ago

Abducted Delta Woman Rescued as Police Arrest 8 Suspects in Abraka

NEWS9 hours ago

NYSC Sets September 8 for Physical Verification of Foreign-Trained Graduates

FEATURES11 hours ago

Your Sacrifice Matters — VeryDarkMan Apologises to Troops Over NBA Conference Outburst

NEWS14 hours ago

Okowa’s Senate Bid: Why Experience, Party Structures May Give Him an Edge Over Ochei in Delta North

FEATURED16 hours ago

Defence Minister Musa Blasts El-Rufai, Accuses Ex-Governor of Dividing Kaduna

NEWS24 hours ago

2027: Isoko North LGA’s City Boys Movement Meet Ogorugba, Declares Support for Tinubu, Oborevwori’s Re-election Bid

FEATURED1 day ago

Delta Police Arrest 6 Suspects, Dismantle Illicit Drugs Shop

Bichi
FEATURES1 day ago

Why DSS DG Draws the Line: ‘No More Arrests Over Civil Disputes’

FEATURES1 day ago

Tinubu Not Facing Criminal Case in US, Presidency Clarifies FOIA Litigation

FEATURES2 days ago

PenCom Raises Alarm as PFAs Sink N17.1trn Pension Funds Into FG Securities

FEATURED2 days ago

Court Remands Man for Retaining N1.09b ‘Proceeds of Criminal Conduct’ in Abuja

BUSINESS2 days ago

Uber Shakes Up Global Operations, Cuts 10% of Workforce, Exits Nigeria and Uganda

secure number one position
FEATURES2 days ago

Police Sack 3 Officers Over Killing of UNIPORT Graduate, Declare Inspector Deserter

Advertisement
Advertisement

z

   


Article Banner