Thursday, February 22, 2024
HomePoliticsJust In: Tinubu Suspends Minister Betta Edu Over N585.189m Embezzlement

Just In: Tinubu Suspends Minister Betta Edu Over N585.189m Embezzlement

With immediate effect, President Bola Tinubu has suspended Dr. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation.

Remember that the Presidency had stated that the relevant authorities were looking into the financial irregularities behind the minister’s transfer of N585.189 million into a private account?

Following the probe, the president’s Special Advisor on Information and Strategy, Bayo Onanuga, promised to take the necessary action.

Jungle talker learnt that, approximately N585.189 million that was intended for the vulnerable people in the states of Lagos, Ogun, Cross River, and Akwa Ibom was purportedly transferred into a private account.

Edu authorised the payment of N585.189 million into the personal account of one Bridget Mojisola Oniyelu in a paper addressed to the Office of the Accountant-General of the Federation.

The suspension was in keeping with Tinubu’s declared commitment to upholding the highest standards of integrity, transparency, and accountability in the management of the commonwealth of Nigerians, according to a statement released by the president on Monday and signed by Chief Ajuri Ngelale, Special Adviser to the President on Medua and Publicity.

According to the statement, the President also gave the Executive Chairman of the Economic and Financial Crimes Commission, or EFCC, instructions to thoroughly look into all aspects of the financial transactions involving the Federal Ministry of Poverty Alleviation and Humanitarian Affairs and one or more of its agencies.

“The suspended Minister is hereby directed to hand over to the Permanent Secretary of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, and she is further directed by the President to fully cooperate with the investigating authorities as they conduct their investigation,” the statement added.

“Furthermore, the President has tasked a panel that is headed by the Coordinating Minister of the Economy and Minister of Finance to, among other functions, conduct a comprehensive diagnostic on the financial architecture and framework of the social investment programmes with a view to conclusively reforming the relevant institutions and programmes in a determined bid to eliminate all institutional frailties for the exclusive benefit of disadvantaged households and win back lost public confidence in the initiative.

“These directives of the President take immediate effect.”

RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments