Npower: ₦30,000,000,000 Recovered From Betta Edu, Halima Shehu Fifty Bank Accounts Under Investigation

According to Npower News, the Economic and Financial Crimes Commission (EFCC) has so far recovered ₦30,000,000,000 from the suspended Minister for Humanitarian Affairs and Poverty Alleviation Betta Edu and the embattled chief executive officer Halima Shehu while the Economic and Financial Crimes Commission (EFCC) has also placed fifty bank accounts under investigation in the ongoing investigation of Betta Edu the ex-Minister for Humanitarian Affairs and Poverty Alleviation, Betta Edu, including Halima Shehu the former chief executive officer of the now suspended National Social Investment Programme Authority (NSIPA).

According to Npower News, Betta Edu and Halima Shehu were suspended about three months ago by President Bola Ahmed Tinubu over alleged misappropriation of public funds. President Bola Ahmed Tinubu also suspended Npower and the  Social Investment Programme and, thereafter, directed the Economic and Financial Crimes Commission (EFCC) to handle the matter and investigate both embattled officials, Betta Edu, Halima Shehu including anyone other party involved.

Three months after, the executive chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, who made this known to the public, said the the Economic and Financial Crimes Commission (EFCC) was making progress on the investigation on the Betta Edu's case, stressing the magnitude of the case and the need for Nigerians to exercise a great deal of patience.

The Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede made this revelation in the March edition of the commission’s monthly e-magazine, EFCCAlert, obtained by LEADERSHIP on Monday.

Mr. Ola Olukoyede said “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.”

Source: https://leadership.ng/betta-edu-n30bn-recovered-50-bank-accounts-under-investigation-efcc/