EFCC Seeks Assistance from Zenith, Providus, and Jaiz Banks in Investigation of Humanitarian Affairs Ministry; Gathers Relevant Records.

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On Tuesday, the Group Managing Directors (GMDs) of Zenith, Providus, and Jaiz banks responded to the invitation from the Economic and Financial Crimes Commission (EFCC). They cooperated by submitting documents pertaining to accounts held by the Ministry of Humanitarian Affairs to the anti-graft agency. Following the handover of the documents, reliable sources from the Agency confirmed the departure of the bank executives from the EFCC’s Abuja headquarters.

Multiple sources closely associated with the banks, EFCC, and the Presidency clarified that the anti-graft agency had specifically requested these documents to aid in its ongoing investigation into alleged financial impropriety within the Ministry of Humanitarian Affairs and Poverty Alleviation.

On January 8th, 2024, President Bola Tinubu suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, directing an inquiry into her Ministry. Edu, who faced interrogation by the EFCC on Tuesday, stands accused of directing the disbursement of a grant totaling N585,198,500.00, intended for Vulnerable Groups in Akwa Ibom, Cross River, Lagos, and Ogun States, into a private account.

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