26.2 C
Accra

Nigeria Recovers $24m From Poverty Minister in Corruption Probe

Ms.  Edu, 37, the youngest minister to serve in President Tinubu's cabinet was suspended in January following controversies about financial transactions she authorised in her ministry.

Nigeria’s Economic and Financial Crimes Commission (EFCC) says it recovered 30 billion naira ($24 million) in an ongoing corruption investigation into Humanitarian Affairs and Poverty Alleviation Minister Betta Edu.

Ms.  Edu, 37, the youngest minister to serve in President Tinubu’s cabinet was suspended in January following controversies about financial transactions she authorised in her ministry.

Local publication PREMIUM TIMES reported the scandal involved the transfer of millions of naira into private accounts of civil servants.

- Advertisement -

She denied wrongdoing and her office said she had approved the transfer into a personal account, which was not in her name, but rather for the “implementation of grants to vulnerable groups.”

Join our WhatsApp Channel for more news

However, six weeks since it started the probe, Nigeria’s financial crimes office says it had found “many angles” to examine.

“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,” its chairman Ola Olukoyede is quoted by the BBC to have said in the latest edition of the agency’s monthly e-magazine, EFCC Alert.

While you're here, we just want to remind you of our commitment to telling the stories that matter the most.Our commitment is to our readers first before anything else.

Our Picks

THE LATEST

INSIDE POLITICS

Get the Stories Right in Your Inbox

OUR PARTNERS

MORE NEWS FOR YOU

font-family: "meursault-variable", serif; font-variation-settings: "wght" 100, "wdth" 1;