EFCC freezes personal accounts containing N30 billion in embezzled NSIPA money.

EFCC freezes personal accounts containing N30 billion in embezzled NSIPA money.
The Economic and Financial Crimes Commission (EFCC) has frozen private accounts containing N30 billion of the N44 billion that was transferred from the accounts of the National Social Investment Programme Agency (NSIPA). 


The EFCC identified multiple accounts to which the funds were redirected by certain NSIPA officials. 


The suspicious transfer of the N44 billion from NSIPA's accounts involved movement into private and corporate accounts associated with individuals acting as fronts. 


Furthermore, the suspended National Coordinator/Chief Executive Officer, Halima Shehu, was interrogated by EFCC officials on Wednesday. 


Additionally, the EFCC arrested the immediate past Director of Finance and Accounts (DFA) of NSIPA, Mr. Bwai Adamu Hamza, who retired from the agency in December. 


Former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouq, did not attend the EFCC invitation for questioning regarding the alleged laundering of N37,170,855,753.44 during her tenure, through contractor James Okwete. The former minister refuted the accusations.

 

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