Nigeria recovers $28.8M linked to suspended poverty alleviation minister

Nigeria recovers $28.8M linked to suspended poverty alleviation minister

Economic and Financial Crimes Commission probing minister for diverting funds meant for humanitarian interventions, says official

By Timothy Olanrewaju

LAGOS, Nigeria (AA) - Nigeria's anti-corruption commission announced Monday that it recovered $28.8 million from the suspended minister of poverty alleviation, who is currently being investigated for fraud.

Economic and Financial Crimes Commission (EFCC) spokesperson Dele Oyewale said the probe of suspended Minister of Poverty Alleviation and Humanitarian Affairs Betta Edu uncovered a "web of fraudulent practice."

"So far, 32.7 billion naira ($28.43 million) and $445,000 have been recovered during the investigation into the activities of the suspended minister and ministry officials," Oyewale disclosed.

He said the commission is equally investigating commercial banks in the country indicated in the fraud as the probe continues.

Edu and some top government officials were suspended by President Bola Tinubu in January for the diversion of funds meant for aid to the poor into private accounts.

On April 9, the anti-corruption commission announced the recovery of $24 million from the minister.

Kaynak:Source of News

This news has been read 120 times in total

ADD A COMMENT to TO THE NEWS
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
Previous and Next News