The Economic and Financial Crimes Commission (EFCC) has disclosed substantial recoveries amounting to N32.7 billion and $445,000 in its ongoing investigation of the Ministry of Humanitarian Affairs, Disaster Management, and Social Development. This announcement was made to clarify details amid widespread discussion concerning the ministry’s probe, according to a statement by EFCC’s Head of Media & Publicity, Mr. Dele Oyewale.
The investigations have involved former and current officials of the ministry, including the recently suspended Minister Dr. Betta Edu. Contrary to her claims of not being investigated for a specific misappropriation of N30 billion, EFCC’s updates indicate significant discrepancies under her administration and that of her predecessor, Sadiya Umar-Farouq, as well as Halima Shehu, the Coordinator of the National Social Insurance Programmes Agency.
Recent reports had initially suggested the recovery of N30 billion, explicitly linked to Dr. Edu’s tenure, which were confirmed by a bulletin to media outlets. This has since sparked various narratives, with Edu’s adviser issuing a counterstatement denying her involvement in any misappropriation linked to 50 different bank accounts.
The EFCC, however, continues to emphasize the extensive nature of their investigation, which not only covers the alleged misappropriation by individuals but also extends to systemic issues within the ministry. The inquiry has uncovered additional fraudulent activities involving COVID-19 funds, World Bank loans, and recovered funds from the Abacha regime, intended for poverty alleviation projects.
The Commission has stressed that their probe is not targeting individuals but is focused on a broader examination of pervasive fraud within the ministry’s operations. Banks and their executives implicated in the scandal are under scrutiny, with several making significant disclosures to the authorities. The EFCC reaffirmed that no individuals involved have been exonerated at this point, urging the public to disregard any claims of cleared parties.
The EFCC also highlighted increased public engagement and vigilance in its broader mandate, including monitoring abuses related to the Nigerian currency and economic regulations, underscoring a growing public support for its efforts.
