₦airaland Forum

The Economic and Financial Crimes Commission (EFCC) has so far recovered N30billion for the Federal Government while it has also placed 50 bank accounts under investigation in the ongoing probe of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, including the erstwhile chief executive officer of the now suspended National Social Investment Programme Authority (NSIPA), Halima Shehu.

Both Edu and Shehu were suspended about three months ago by President Bola Tinubu over alleged financial malfeasance. The President also suspended Social Investment Programme and, thereafter, asked the EFCC to take over the case and probe both embattled officials including anyone involved.

Three months after, executive chairman of EFCC, Ola Olukoyede, who made the revelations, said the anti-graft agency was making progress on the investigation, emphasising the magnitude of the case and the need for Nigerians to exercise patience.

Olukoyede spoke in the March edition of the commission’s monthly e-magazine, EFCCAlert, obtained by LEADERSHIP on Monday.

“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. 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,” Olukoyede stated.

Zwooks:
Make it clear without ambiguity. 30 Billion tecovered from where and how ?

Richtaiwo:
Pain, is that you? The more you hate the country, the higher it soars. Increase the tempo of hate please. We Nigerians are happy with the hate.

Zwooks:
I dont do tribal bantering. I only commented on the reportage. Good bye

Richtaiwo:
Yet you want a crime investigating body to tell you how it's activities which led to the recovery of stolen funds. Continue.

Zwooks:
When you have people who understand english around you, ask them to explain my narrative to you


Bye

Zwooks:
I dont do tribal bantering. I only commented on the reportage. Good bye

GOFRONT:
30b.....How many times na??

Morbeta11:
“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.

rinzaugustine:
If her score is showing more than 30b naira and still counting in only a few months that means gbajabiamila own will be around 600bn naira now not to talk of tinubu his own will be nothing less than $10bn now…amalgamation of criminals!

Chivisee:
That's what the clown called Pandora is discussing with you in your idiotic WhatsApp group

rinzaugustine:
If her score is showing more than 30b naira and still counting in only a few months that means gbajabiamila own will be around 600bn naira now not to talk of tinubu his own will be nothing less than $10bn now…amalgamation of criminals!

socialmediaman:
N30 billion just within a few months in office, from a single minister, out of over 1,300 ministries, departments and agencies.

If they had converted the money to USD, what do you think would've happened to the price of naira?

Still, you think the citizens are to blame for the price of the USD to Naira.

Still, you think your government can't afford to provide subsidies for electricity generation.

Still, you think your government is doing well with managing the economy