EFCC Recovers N30 Billion, Probes 50 Bank Accounts Linked to Betta Edu

EFCC Recovers N30 Billion, Probes 50 Bank Accounts Linked
The suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu.

EFCC Recovers N30 Billion, Probes 50 Bank Accounts Linked to Betta Edu

The Economic and Financial Crimes Commission (EFCC) has disclosed that it is currently investigating 50 bank accounts in connection with the case involving the suspended Minister of Humanitarian Affairs, Betta Edu, and ongoing probes into alleged money laundering within the ministry.

According to a bulletin titled “EFCC Alert,” issued by EFCC Chairman Ola Olukoyede, the commission has recovered a substantial sum of N30 billion linked to the case, which has been deposited into the Federal Government’s coffers. Olukoyede emphasized the complexity of the investigation, stating that over 50 bank accounts have been traced, indicating the seriousness of the matter.

The document highlights the need for time to conclude thorough investigations, as such cases often involve multiple angles that require careful scrutiny. Olukoyede urged Nigerians to exercise patience and trust the process, emphasizing that the EFCC is committed to conducting a comprehensive investigation. He also noted the significant impact of the commission’s actions, including the suspension of implicated individuals and the recovery of funds.

Furthermore, the EFCC called for a collective effort in the fight against corruption, emphasizing the importance of collaboration from all stakeholders, including the judiciary and legislative arms of government. Olukoyede urged Nigerians to actively participate in combating corruption by reporting wrongdoing and holding corrupt individuals accountable, stressing the need for collective action to address the negative impacts of corruption on society.

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