- By Halimah Olamide
The Economic and Financial Crimes Commission, EFCC, has asserted that the Minister of Humanitarian Affairs, Betta Edu’s case has unraveled a lnumber of other fraudulent cases.
In a statement by the Head of Media and Publicity, EFCC, Dele Oyewale, on Sunday, discrete investigations by the commission have opened other fraudulent dealings involving Covid -19 funds, the World Bank loan, Abacha recovered loot released to the Ministry by the Federal Government to execute its poverty alleviation mandate.
Similarly, investigations have also linked several interdicted and suspended officials of the Ministry to the alleged financial malfeasance.
According to the statement, past and suspended officials of the Humanitarian Ministry were invited by the Commission and investigations into the alleged fraud involving them have yielded the recovery of N32.7billion and $445,000 so far.
The statement further noted that that parties involved are being investigated and those found guilty will be prosecuted.
“It is instructive to stress that the Commission’s investigations are not about individuals. The EFCC is investigating a system and intricate web of fraudulent practices.
“Banks involved in the alleged fraud are being investigated. Managing Directors of the indicted banks have made useful statements to investigators digging into the infractions.
“Those found wanting will be prosecuted accordingly. Additionally, the EFCC has not cleared anyone allegedly involved in the fraud. Investigations are ongoing and advancing steadily. The public is enjoined to ignore any claim to the contrary.”