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EFCC Questions Bank CEOs in Connection with ₦44 Billion Fraud Investigation

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The CEO's

The Economic and Financial Crimes Commission is currently interrogating Chief Executive Officers and Managing Directors of Zenith Bank, Providus Bank, and Jaiz Bank in connection with the over N44 billion fraud allegedly uncovered in the Ministry of Humanitarian Affairs and Poverty Alleviation.

Our correspondent gathered that the senior back executives are currently being quizzed by EFCC interrogators at the commission’s headquarters, Jabi, Abuja as of 4.55 pm on Tuesday.

Reports indicate that the suspended Minister of Humanitarian Affairs, Betta Edu, is currently being held and is undergoing interrogation by the EFCC over ₦585million scandal.

Also, Halima Shehu, the embattled Co-ordinator and Chief Executive Officer of the National Social Investment Programme Agency domiciled in the Ministry of Humanitarian Affairs and Poverty Alleviation is being probed by the EFCC 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 source said, “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.”

Edu was suspended by President Bola Tinubu on Monday, over an alleged N585m cash transfer saga.

The suspended minister was invited by the anti-graft agency in compliance with Tinubu’s order that a comprehensive investigation encompassing her activities in the ministry be carried out, a top source in the anti-graft commission told reporters.

Edu’s predecessor, Sadiya Farouq, was queried by EFCC interrogators on Monday, over allegations that she laundered N37.1 billion while serving as a minister in former President Muhammadu Buhari’s cabinet.

Also, Shehu was earlier arrested in connection with an alleged ₦44billion money laundering and had been mandated to report to the EFCC every day following her release last Wednesday.

The NSIPA Coordinator was arrested and taken into EFCC custody Tuesday night following her suspension.

It was learnt that the ₦44bn was suspiciously moved from NSIPA’s accounts into private and corporate accounts linked to persons serving as fronts.

Confirming her release from EFCC custody in a telephone interview with our correspondent on Thursday, the spokesperson for the EFCC, Dele Oyewale said Shehu has been mandated to meet with EFCC interrogators every day as the investigation continues.

Oyewale said, “Halima Shehu has been released, but she is still answering to our interrogators, and she has been mandated to meet with investigators every day as the investigation is ongoing.

“Concerning reports on the ₦44bn and ₦30bn making the rounds, the commission is still tracing all the suspicious transactions, her agency was under the Ministry of Humanitarian Affairs too.

“There’s a lot of money involved because the Ministry and agencies are focused on interventions. Hence, we can’t put a figure to all of the transactions now because the commission is still tracing the transactions.”

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My Successors Have Jettisoned My Progressive Ideas-Says Jonathan

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Former President Goodluck Jonathan

 

Former President of Nigeria, Goodluck Jonathan, on Friday, said some of the progressive ideas he instituted during his tenure were jettisoned after his exit from office.

Jonathan who was the President from 2010 to 2015, stated this while speaking as Chairman on the occasion of the 25th anniversary celebration of Igbinedion University, Okada in Edo State.

The former president who said he ensured that women were admitted into the Nigeria Defence Academy, recalled that he faced serious challenges but had his way as the president of the country.

He said it is worth noting that women have become an integral part of the military set with some of them going ahead to become some of the best jet fighters.

He said, “I recall the challenges faced by women in the military. But as President, I directed that the Nigeria Defence Academy commence admission of women into the institution.

“However some of the ideas, which could have helped in the technological development of the country were jettisoned. “

The former President who noted challenges faced by women in various career fields, advocated that limitations against women’s progression in their chosen fields of endeavour should be eliminated.

He also called for the recalibration of the nation’s school curriculum to prioritize skills acquisition, and technology and de-emphasise certificates.

The ex-president explained that emphasis on skills acquisition and technology in all fields of the country’s educational system was the way to go to hasten the development of the country.

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Rivers Crisis:Former Senate President Urges Tinubu To Call Wike To Order

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Senator Adolpos Wabara ,Former Senate President

Former Senate President and Chairman Board of Trustees, BOT, of the main opposition Peoples Democratic Party, PDP, Senator Adolphus Wabara, has told President Bola Ahmed Tinubu, to caution his appointee and Minister of the Federal Capital Territory, Mr Nyesom Wike to avoid plunging Rivers State into a “needless political crisis”.

This is coming on the heels of the move by pro- Wike lawmakers, to impeach Gov. Siminalayi Fubara.

This is coming on the heels of the move by pro- Wike lawmakers, to impeach Gov. Siminalayi Fubara.

Wabara also condemned the call by APC Chairman in Rivers, Tony Okocha, for the House of Assembly to immediately commence impeachment proceedings against the Fubara.

The former Senate President who accused Wike of stoking the face-off between Gov. Fubara and the lawmakers, warned that Nigeria might not survive any instability in Rivers State considering the state’s economic importance to the country

Senator Wabara appealed to President Tinubu to prevail on Wike to give peace a chance and allow his successor to discharge his constitutional roles without undue influence.

“I want to appeal to Mr President to call his appointee, Nyesom Wike to order so that his actions in Rivers do not confirm the suspicion that APC has an agenda to turn Nigeria into one party state. Wike should allow peace to reign in Rivers State.

” Mr President should appreciate the importance of Rivers as a major revenue base of the country, and should the trouble they are stoking erupt, Nigeria will definitely not escape the aftermath.”

The PDP BoT Chairman, further advised members of the Rivers House of Assembly not to yield themselves as agents of distabilization of the state “because history will not be kind to them.”

He reminded the gladiators to carefully weigh the grave implications of any attempt to forcefully remove a democratically-elected Governor or President from office.

The former Senate President who warned that the PDP would not tolerate any further intimidation or persecution of the Governor, urged “all those involved in the political brouhaha in Rivers to give peace a chance”.

On the mass exodus of PDP members in Abia State, Senator Wabara who said such scenario was not unexpected, however, urged the party faithful not to panic.

He said that the elders of the party had initiated moves to half further exit of members, describing the development as the after effect of the impunity of the last PDP-led administration in the state, and its utter disregard to internal democracy and party supremacy.

Wabara further noted that some chieftains who are leaving the party are doing so for self protection while some join the bandwagon without any deep thought of their action.

He urged PDP members in the state to remain resolute and support the on-going efforts to rebuild and reposition the party for a winning spree in 2027.

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Gombe Schools Are Safe- Prof. Maigari Assures

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Professor Aishatu Maigari Gombe state commissioner for education

 

In response to concerns about the safety of schools in Gombe State,the Commissioner of Education Professor Aishatu Maigari,has assured that schools in the state are safe.

Responding to questions from newsmen regarding school security, the Commissioner refuted rumors suggesting that schools were closed due to insecurity.

She clarified that the government decided to close schools earlier than scheduled due to various factors, including the Ramadan fast, Sallah, Easter breaks, and excessive heat.

Professor Maigari elaborated that the decision was made considering that out of the remaining two weeks, approximately ten days would be devoted to public holidays. Therefore, only four days were deducted from the academic calendar.

The Commissioner gave the public the assurance that the school calendar remained on track, because the government was implementing measures to enhance school security.

Professor Maigari therefore called on the community, stakeholders, parents, and guardians to collaborate with the government in ensuring the safety of schools.

Amidst these reassurances, Professor Maigari’s statements aim to alleviate concerns and reinforce confidence in the safety and continuity of education in Gombe State.

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