By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

N44bn fraud: EFCC freezes N30bn moved from Social Investment Programme Agency accounts.

Last updated: January 4, 2024 3:03 pm
1 year ago BY AMAKA OKORO
Share
2 Min Read
aitlive - EFCC official logo
Economic and Financial Crimes Commission, EFCC official logo

The Economic and Financial Crimes Commission, EFCC says it has tracked and frozen thirty billion naira of the forty- four billion naira moved from the accounts of the National Social Investment Programme Agency, NSIPA.
The Spokesperson of the Commission, Dele Oyewale who confirmed this to newsmen on Thursday said the multiple accounts in which some NSIPA officials moved some money to have been frozen as part of the ongoing probe.

The development comes barely 24 hours after Halima Shehu, the embattled National Coordinator of NSIPA, was detained and arrested by EFCC after her suspension by President Bola Ahmed Tinubu.
After hours of interrogation and profiling of many accounts, the EFCC confirmed that an unauthorised 44 billion naira was suspiciously moved out of NSIPA’s account to some private and corporate accounts.
While the EFCC on wednesday grilled National Coordinator of the NSIPA, Halima Shehu, it also arrested the Agency’s immediate past Director of Finance and Accounts, Bwai Adamu Hamza who retired from the Agency in December.
Shehu and Hamza have been subjected to interrogation by a special team as they remain in custody of the EFCC.
As at Tuesday, the agency had intercepted and seized 17 billion naira and within 24 hours, the commission traced and froze an additional 13 billion naira in some accounts, raising the cash seized so far to 30 billion naira.
This comes as Former Humanitarian Affairs, Disaster Management and Social Development minister, Sadiya Umar-Farouq whom Halima Shehu worked under shunned the EFCC’s invitation for questioning.

Editor Oloyede Oworu

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • President El-Sisi and the United Arab Emirates (UAE) President HH Sheikh Mohamed bin Zayed Meet in Abu Dhabi June 4, 2025
  • Home Affairs Committee Makes Decisions on Interest of Justice Criterion and Other Matters Contained in Immigration Amendment Bill June 4, 2025
  • Committee on Sports Summons South African Football Association (SAFA) to Round Two of Discussions After Many Unanswered Question June 4, 2025
  • African Union Commission Welcomes the Election of the Democratic Republic of Congo and Liberia to the United Nations Security Council June 4, 2025
  • South Africa: Select Committee on Public Infrastructure Is Briefed by Auditor-General June 4, 2025

Trending

aitlive 9
Breaking: INEC admits glitch in results transmission as Court Reserves Judgement In Atiku’s Petition Against Tinubu, electoral body
2023 Elections Headlines
aitlive 1 19 1
Nigeria Air: MD Confirms Unveiled Aircraft Was Hired Ethiopia Flight
Local
LABOUR PARTY
Breaking: LP And Presidential Candidate, Peter Obi, Get Court Permission To Inspect Forensic Materials
2023 Elections
AIT-IMAGES - US House Republicans
US House Republicans authorize Biden impeachment inquiry
World
PETER OBI
Drama in court as judges order Peter Obi’s legal team to go home
Headlines

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?