EFCC recovers N30bn loot under Betta Edu

The Economic and Financial Crimes Commission (EFCC) has said it has recovered N30 billion in the case of the suspended Minister of Humanitarian Affairs, Betta Edu.

Recall that the ministry and the suspended minister are being prone over alleged money laundering.

The latest development was revealed in a bulletin titled, “EFCC Alert,” detailing some major arrests, prosecutions, and recoveries made by the commission within the last month.

The document authorised by the EFCC Chairman, Ola Olukoyede, which was obtained by our correspondent on Monday, revealed that the recovered N30bn is now in the Federal Government’s coffers

The document reads, “Update on Betta Edu investigation. We have laws and regulations guiding our investigations. Nigerians will also know that they are already on suspension, and this is based on the investigations we have done, and President Bola Tinubu has proved to Nigerians that he is ready to fight corruption.

“Moreover, concerning this particular case, we have recovered over N30 billion, which is already in the coffers of the Federal Government.

“It takes time to conclude investigations; we started this matter less than six weeks ago. Some cases take years to investigate. There are so many angles to it, and we need to follow through with some of the discoveries that we have seen. Nigerians should give us time on this matter; we have professionals on this case, and they need to do things right. There are so many leads here and there.

“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. Then you ask about my staff strength.