President Tinubu Suspends Minister Betta Edu Over Alleged N585m Fraud, Orders Probe by EFCC into Ministry’s Financial Transactions

President Tinubu Suspends Minister Betta Edu Over Alleged N585m Fraud, Orders Probe by EFCC into Ministry’s Financial Transactions

Suspension and Investigation Initiated by President Tinubu

President Bola Tinubu has taken action, suspending Minister Betta Edu from her role as Minister of Humanitarian Affairs and Poverty Alleviation.

A statement released by the presidential spokesperson mandates the EFCC to thoroughly investigate financial transactions within the ministry and its associated agencies.

Directive for Handover and Cooperation

The suspended minister is instructed to hand over to the Permanent Secretary of the ministry and to fully cooperate with the investigating authorities during the probe.

Additionally, a panel led by the Coordinating Minister of the Economy and Minister of Finance is tasked with conducting a comprehensive review of the social investment programs’ financial structure.

Allegations of Misappropriation

Dr. Betta Edu faces accusations of approving the transfer of N585,198,500.00 into a personal account. An alleged letter bearing her signature directed the Accountant General of the Federation to transfer the sum to a specified individual’s account under the guise of grants for vulnerable groups in four states. However, the AGF clarified that her office did not process the payment despite receiving the request.

Minister Denies Allegations

In response to the allegations, the 37-year-old Minister, the youngest in the President’s cabinet, refuted the claims, asserting plans to tarnish her reputation.

She emphasized her commitment to transparency and denied any involvement in embezzling public funds.

The article highlights the suspension of Minister Betta Edu over allegations of financial irregularities, the directive for investigation by the EFCC, and the minister’s denial of the accusations.

The situation involves claims of substantial sums transferred to personal accounts under the guise of grants for vulnerable groups, prompting a significant investigation and upheaval within the ministry.

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