In a significant development concerning the ongoing investigation involving the Ministry of Humanitarian Affairs and its suspended minister, Betta Edu, the Economic and Financial Crimes Commission (EFCC) has disclosed the recovery of N30 billion linked to alleged financial misconduct.
This revelation was made in the latest edition of the EFCC’s bulletin, “EFCC Alert,” which outlines the agency’s recent activities. According to the bulletin authorized by EFCC Chairman Ola Olukoyede, the retrieved funds have been deposited into the Federal Government’s treasury.
Addressing public interest in the Betta Edu probe, Olukoyede emphasized the importance of conducting a thorough investigation. The bulletin stated, “We have specific laws and regulations guiding our investigative processes.
Nigerians should be aware that [Edu and associates] are currently under suspension pending the outcome of our investigations.”
Olukoyede underscored the President’s commitment to combating corruption, citing the recovered funds and the ministry’s suspension as indications of this resolve.
The EFCC chairman also highlighted the complexities of the case, acknowledging that investigations take time. “We initiated this investigation less than six weeks ago. Some cases require years to reach conclusions. This matter is multifaceted, and we must meticulously pursue the leads that have emerged,” he explained.