EFCC accuses banks of complicity in humanitarian ministry fraud, recovers N32.7bn, $445,000
Nigeria, April 15 -- The Economic and Financial Crimes Commission (EFCC) says it has identified some banks that are complicit in the elaborate corruption perpetrated at the Ministry of Humanitarian Affairs, Disaster Management and Social Development.
The commission said it is investigating "a system and intricate web of fraudulent practices" involving banks and their managing directors, as well as "past and suspended officials of the Humanitarian Ministry".
"Managing Directors of the indicted banks have made useful statements to investigators digging into the infractions," the statement issued by EFCC's Head of Media and Publicity, Dele Oyewale, stated on Sunday.
The suspended minister of the ministry, Betta Edu, and her predecessor, S...
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