Following the interrogation of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu by the Economic and Financial Crimes Commission (EFCC) over ₦585 million diversion, the Managing Directors/CEOs of Zenith Bank, Providus Bank, and Jaiz Bank are also being quizzed in connection with over ₦44.5 billion fraud also uncovered in the ministry.
The back executives were still being quizzed by EFCC interrogators at the commission’s headquarters in Jabi, Abuja, as at 4.55 pm on Tuesday, Persecondnews gathered.
Halima Shehu, the embattled Co-ordinator of the National Social Investment Programme Agency domiciled in the Ministry of Humanitarian Affairs and Poverty Alleviation is also being probed by the anti-graft agency over an alleged ₦44bn fraud.
Confirming the probe of the senior bank executives to our correspondent on Tuesday, an EFCC source revealed that Zenith, Providus, and Jaiz banks are being questioned over the ₦44.5bn fraud uncovered in the ministry involving Edu and Shehu.
“The CEOs and MDs of Zenith Bank, Providus Bank, and Jaiz Bank are currently being grilled by our interrogators here at the headquarters.
“They were invited and are being probed in connection with the uncovered ₦44bn fraud and the ₦585million involving Halima Shehu and Betta Edu.
“The suspended minister and the coordinator have both made new revelations during their interrogations, and the investigation is still ongoing,”. said the source.
Persecondnews reported that President Bola Tinubu had on January 8 suspended Edu over the N585m cash transfer to a private account of an official in the ministry.
Currently, Edu’s predecessor, Ms Sadiya Farouq, is being questioned by EFCC interrogators for allegedly laundering N37.1 billion while serving as a minister in the administration of President Muhammadu Buhari.
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