The commission also revealed that it has submitted its preliminary report on the investigation of former Minister of Humanitarian Affairs, Betta Edu, to President Bola Tinubu.
According to the EFCC, about five bank executives are currently serving jail terms at custodial centres across the country.
The Director of Public Affairs, Wilson Uwajaren, highlighted the commission’s achievements under Ola Olukoyede, noting that the banking sector has not been overlooked in the past year.
He emphasized that bank managing directors are not immune to investigations or prosecution by the EFCC, and names will not be disclosed until investigations are concluded.
Regarding the investigation of Betta Edu, Uwajaren mentioned:
He also noted that the EFCC is monitoring approximately 140 bank accounts as part of its ongoing investigations.
Meanwhile, TimesNow.com.ng earlier reported that the Economic and Financial Crimes Commission (EFCC) has given a fresh update on the ongoing investigation of the suspended minister of humanitarian affairs and poverty alleviation, Betta Edu, and erstwhile chief executive officer of the now-suspended National Social Investment Programme Authority (NSIPA), Halima Shehu.
The EFCC chairman, Ola Olukoyede said the anti-graft agency has so far recovered N30billion for the Federal Government and placed 50 bank accounts under investigation.
Source: TimesNow.com.ng
