EFCC Seeks Zenith, Providus And Jaiz Banks’ Assistance In Humanitarian Affairs Ministry Probe

Posted on January 10, 2024

The Group Managing Directors of Zenith Bank, Providus Bank and Jaiz Bank, on Tuesday honoured the invitation by the Economic and Financial Crimes Commission (EFCC), to hand over documents relating to accounts operated by the Ministry of Humanitarian Affairs to the anti-graft agency.

A source within the anti-graft agency confirmed that the Banking czars departed the Abuja headquarters of the EFCC after the documents were handed over.

Multiple sources close to the banks, EFCC and the Presidency, clarified that the banks documents were requested by the anti-graft agency, to help in its ongoing investigation, into alleged financial impropriety in the Ministry of Humanitarian Affairs and Poverty Alleviation.

President Bola Tinubu, on Monday, suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and directed investigation into her Ministry.

Edu, who was grilled on Tuesday, by the EFCC, had allegedly directed the disbursement of N585,198,500.00 grant meant for Vulnerable Groups in Akwa Ibom, Cross River, Lagos and Ogun States, into a private account.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Federal Government of Nigeria has taken a historic step in its commitment to... Continue
Experts have called for a stronger commitment to ethical journalism, data-driven reporting, and responsible... Continue
The All Progressives Congress (APC) governorship candidate for Ogun State for the 2027 election,... Continue
Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of... Continue
Zamfara State Government under the leadership of Governor Dauda Lawal has earmarked N7.2 billion... Continue
BY OLADAPO SOFOWORA In the relentless theatre of Lagos’ environmental space, the stakes are... Continue
The Executive Chairman of the Oyo State Universal Basic Education Board (OYOSUBEB), Dr. Nureni... Continue
The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Wednesday... Continue
Golden Eaglets stars, Raheem Moyinoluwa Salaudeen and Fawas Ayomide Adeleke, are set to resume... Continue
The Bank of Industry (BoI), Nigeria’s foremost Development Finance Institution (DFI), has signed a... Continue

UBA


Access Bank

Twitter

Sponsored