Betta Edu, Sadiya Farouq, others not yet cleared of alleged fraud – EFCC

The Economic and Financial Crimes Commission (EFCC) says it has not absolved any of the suspects facing investigations over allegations of corruption perpetrated at the Ministry of Humanitarian Affairs, Disaster Management and Social Development.

The anti-corruption agency clarified in a statement on Sunday that it “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,” the statement by EFCC’s Head of Media and Publicity, Dele Oyewale, read in part.

The suspended minister of the ministry, Betta Edu, and her predecessor, Sadiya Farouq, are among key serving and former officials that EFCC has interrogated concerning the allegations.

Both of them are being investigated by the over alleged misappropriation of multi-billion naira social welfare funds meant for vulnerable Nigerians.

Ms Farouq served in former President Muhammadu Buhari-led administration. EFCC in January quizzed her over allegations of corruption in the handling of N37.1 billion social intervention funds during her tenure.

In January, President Bola Tinubu suspended Ms Edu from office after a leaked memo triggered controversies about suspicious financial transactions she authorised in her ministry.

After months of investigations into the malfeasance by the anti-graft agency without no information officially disclosed to the public about its outcome, speculations became rife that Ms Edu and Ms Farouq might have been cleared or the matter swept under the carpet.

Both have also separately claimed through their lawyers that the commission has found nothing against them.

The latest of such endeavours was a letter by Ms Edu’s lawyer to the BBC, insisting on her innocence and warning against defaming her.

Ongoing discreet investigations

 

But EFCC said it has extended its ongoing discreet investigations to other fraudulent dealings involving the humanitarian ministry and its past and former officials.

It said it had linked “several interdicted and suspended officials of the Ministry” to the alleged fraud.

“Discreet investigations by the EFCC 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.

“Investigations have also linked several interdicted and suspended officials of the Ministry to the alleged financial malfeasance,” the statement said.
It added that beyond individuals, banks and their managing directors are also being investigated for the alleged crimes.

The statement said, “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.”

Background

 

In January, President Tinubu suspended Ms Edu from office after a leaked memo triggered controversies about financial transactions she authorised in her ministry.

The scandal including the approval of payment of hundreds of millions of naira into private accounts of civil servants.

Mrs Edu has come under criticism from Nigerians for ordering the transfer of N585.2 million into the private bank account of a civil servant, who is the accountant in charge of grants for Vulnerable Nigerians.

The minister had issued a memo to the Accountant General of the Federation in December 2023 ordering the said amount to be paid into the civil servant’s private bank account.

The transfer violates statutory provisions of Nigeria’s Financial Regulations 2009, which are meant to prevent fraud and other forms of corruption.

In addition, the EFCC is probing the suspended National Coordinator of the National Social Investment Programme Agency (NSIPA), Halima Shehu, regarding alleged N37.1billion fraud in the ministry.

Mr Tinubu equally suspended the social welfare programme following issues of financial misappropriation.

Read EFCC’s full statement below:

EFCC PRESS STATEMENT

Setting the Records Straight on Investigations of Humanitarian Ministry

The Economic and Financial Crimes Commission, EFCC, has noticed the rising tide of commentaries, opinions, assumptions and insinuations concerning its progressive investigations into the alleged financial misappropriation in the Ministry of Humanitarian Affairs, Disaster Management and Social Development.

At the outset of investigations, 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.

Discreet investigations by the EFCC 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. Investigations have also linked several interdicted and suspended officials of the Ministry to the alleged financial malfeasance.

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.

On the issue of the works of the Commission against Naira abuse, dollarization of the economy and the enforcement of all extant laws relating to them, the EFCC appreciates the avalanche of public awakening, support and involvement demonstrated so far. Increasingly, members of the public are drawing the attention of the Commission to video recording of abuse of the Naira by Nigerians from all walks of life. These gestures amply demonstrate rising consciousness of the public to the sanctity of our national currency and the need for collaborative engagement to sustain the tempo.

To this end, the Commission will always investigate and prosecute anyone involved in the abuse of the Naira. Old videos being exhumed and flying around for the attention of the Commission are noted as the Commission is sensitive to the fact that its Special Task Force against Naira Abuse and Dollarization of the economy commenced operations on February 7, 2024. However, going forward, new videos of such infractions will be investigated and prosecuted.

At the moment, the Commission is investigating several celebrities involved in Naira abuse. Many of them have made useful statements to the Commission and many more have been invited by investigators working on the matter. The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.

Dele Oyewale

Head, Media & Publicity

April 14, 2024

NEWS CREDIT : PREMIUM TIMES