Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    WORLD NEWS

    Nigeria recovers $24m in poverty minister investigation – EFCC

    KahawaTungu EditorBy KahawaTungu EditorApril 9, 2024No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says. The funds were traced to more than 50 bank accounts, it said. Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was initially suspended in January over the alleged diversion of $640,000 of public money into a personal bank account.

    President Bola Tinubu then ordered an investigation into her ministry.

    At the time Dr Edu, 37, denied any wrongdoing. Her office said she had approved the transfer into a personal account, which was not in her name, but said it was for the “implementation of grants to vulnerable groups”.
    The Economic and Financial Crimes Commission (EFCC) said during its nearly six weeks of investigating so far, 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 said in the latest edition of the agency’s monthly e-magazine, EFCC Alert.

    He urged Nigerians seeking redress to give the agency time to finish its probe thoroughly.

    “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,” he said.

    The EFCC chairman gave an assurance that the recovered funds were “already in the coffers of the federal government”.

    The suspension of a minister is a rare occurrence in Nigeria.

    By BBC News

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Betta Edu Kigali Nigeria Rwanda Genocide Tutsi
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    KahawaTungu Editor

    Related Posts

    Plan to scrap presidential elections puts Zimbabweans at loggerheads

    April 8, 2026

    Oil plunges after US-Iran ceasefire deal to reopen Strait of Hormuz

    April 8, 2026

    Trump-backed Republican Clay Fuller wins election to replace Marjorie Taylor Greene

    April 8, 2026

    Comments are closed.

    Latest Posts

    What Is Howard Schultz Net Worth?

    April 8, 2026

    Tuju denies false information charges at Kibera court

    April 8, 2026

    Aubrey Plaza Reportedly Expecting First Child With Christopher Abbott

    April 8, 2026

    Security Agencies Recover Suspected Al-Shabaab Uniforms in Eastleigh Operation

    April 8, 2026

    Body of unknown man retrieved from Lake Elementaita

    April 8, 2026

    Ruto Signs Supplementary Budget Into Law, Pushing Spending to Sh4.7 Trillion

    April 8, 2026

    Boy falls to death from fourth floor of house in Kasarani

    April 8, 2026

    Cop arrested over armed robbery and shooting in Embakasi

    April 8, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.