Betta Edu: EFCC Gives Fresh Update on Recovered Fund, Bank Accounts Under Investigation

  • The Economic and Financial Crimes Commission (EFCC) said it has recovered N30billion for the Federal Government
  • The EFCC chairman, Ola Olukoyede said the anti-graft agency has placed 50 bank accounts under investigation over in the ongoing probe of Betta Edu
  • Olukoyede said the EFCC made some discoveries during their investigation and are exploring them

TheTalk.NG journalist Adekunle Dada has over 5 years of experience covering metro and government policy

FCT, Abuja – The Economic and Financial Crimes Commission (EFCC) has given a fresh update on the ongoing investigation of the suspended minister of humanitarian affairs and poverty alleviation, Betta Edu, and erstwhile chief executive officer of the now-suspended National Social Investment Programme Authority (NSIPA), Halima Shehu.

The EFCC chairman, Ola Olukoyede said the anti-graft agency has so far recovered N30billion for the Federal Government and placed 50 bank accounts under investigation.

EFCC gives fresh update Betta Edu's investigationEFCC exploring new discoveries in Betta Edu’s investigation
Photo credit: @edu_betta/@officialEFCCSource: Twitter

EFCC making progress on Betta Edu’s investigation

As reported by Leadership, Olukoyede disclosed this in the March edition of the commission’s monthly e-magazine, EFCCAlert in Abuja.

He said the EFCC operatives are making progress on the investigation while calling on Nigerians to exercise patience.

“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.”

EFCC makes new discoveries in Betta Edu’s investigation

The EFCC boss added that the anti-graft agency made some discoveries during their investigation and are exploring them.

“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.”

Betta Edu: EFCC quizzes top ministry officials

Meanwhile, TheTalk.NG reported that several top civil servants in the ministry of humanitarian affairs were questioned by the EFCC investigators.

Senior civil servants gave the EFCC investigators useful information that could unravel the financial scandal rocking the ministry.

Source: TheTalk.NG


Wike: Court Gives Verdict On Commercial Sex Workers’ Suit Against FCT Minister
Justice James Omotosho of the Federal High Court Abuja has given his judgement on the suit seeking to stop the arrest and prosecution of Commercial Sex Workers (CSWs) in Abuja The judge dismissed the suit filed against the minister of FCT, Nyesom Wike, and the Abuja Environmental Protection Board (AEPB) According to Justice Omotosho, prostitution ... Read more Continue reading here ▶


“Fuel Now N815”: Delight as Tinubu Gets Strong Backing Beyond 2027 Election
Dangote Petroleum Refinery reduced its ex-depot premium motor spirit (PMS) price to N815 per litre The development comes after fuel landing cost dropped to N774.82 per litre, below Dangote Refinery’s N825 ex-depot prices Reacting to the development, prominent social media personality, Reno Omokri, lauded Tinubu for removing fuel subsidy in May 2023, saying the president ... Read more Continue reading here ▶


“My Govt, Dedicated to Greater Nigeria”: Tinubu Declares As He Receives Catholic Bishops in Aso Rock
On Friday, March 14, a delegation of Catholic Bishops of Nigeria stormed the Presidential Villa in Abuja, for a crucial meeting with President Tinubu This came days after the Conference of Catholic Bishops criticised the government over issues such as insecurity, unemployment, and poverty, and demanded an urgent intervention Presidential aides Bayo Onanuga and Dada ... Read more Continue reading here ▶


“Why PDP May Not Have Presidential Candidate in 2027”: Spiritual Leader Gives Reason
The PDP crisis has been predicted to be a stopping block for the party from getting a presidential candidate in the 2027 election Primate Elijah Ayodele, a spiritual leader, gave the prediction in a statement on Friday, March 14, adding that the party has only 91 days to readjust itself The primate noted that the ... Read more Continue reading here ▶


Is Dangote Giving Away N105,000 to Nigerians for Ramadan 2025? Fact Emerges
TheTalk.NG journalist Ridwan Adeola Yusuf has over 4 years of experience in fact-checking. Ikoyi, Lagos state – Posts on Facebook and WhatsApp claim that Aliko Dangote, one of Africa’s richest men, is giving out cash prizes to celebrate Ramadan 2025. TheTalk.NG reports that Ramadan, the ninth month of the Muslim calendar, is one of the ... Read more Continue reading here ▶


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Adblock Detected, Please disable your adblock to continue browsing this website