ADVERTISEMENT
Apples Bite Int'l Magazine
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Power Supply To Improve Within 72 Hours, Minister Assures Nigerians

    Power Supply To Improve Within 72 Hours, Minister Assures Nigerians

    Sokoto Governor Doubles NYSC Monthly Allowance To ₦20,000, Gives Corps Members ₦30,000

    Sokoto Governor Doubles NYSC Monthly Allowance To ₦20,000, Gives Corps Members ₦30,000

    Nigerians Call On Tinubu To Quit 2027 Presidential Race Over Tripping, ‘Lilikabu’ Comment

    Nigerians Call On Tinubu To Quit 2027 Presidential Race Over Tripping, ‘Lilikabu’ Comment

    US Offers $20m Reward For Information On Iran’s Nuclear Programme

    US Offers $20m Reward For Information On Iran’s Nuclear Programme

    Police Detain ASP After Stray Bullet Kills Young Girl During Lagos Operation

    Police Detain ASP After Stray Bullet Kills Young Girl During Lagos Operation

    Obi Challenges Tinubu To Account For $100bn Loans, ₦15.8trn Fuel Subsidy Savings

    Obi Challenges Tinubu To Account For $100bn Loans, ₦15.8trn Fuel Subsidy Savings

    Billionaire Taiwo Afolabi Hosts Lavish Wedding Reception For Son, Takes Over Lagos

    Billionaire Taiwo Afolabi Hosts Lavish Wedding Reception For Son, Takes Over Lagos

    Gov. Lawal Distributes 300 Vehicles, 2,000 Motorcycles To Zamfara Groups And Individuals, Says Empowerment Goes Beyond Rhetoric

    Gov. Lawal Distributes 300 Vehicles, 2,000 Motorcycles To Zamfara Groups And Individuals, Says Empowerment Goes Beyond Rhetoric

    Funke Akindele’s ‘The Four’ Sells Out London Premiere Ahead Of December Cinema Release

    Funke Akindele’s ‘The Four’ Sells Out London Premiere Ahead Of December Cinema Release

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Power Supply To Improve Within 72 Hours, Minister Assures Nigerians

    Power Supply To Improve Within 72 Hours, Minister Assures Nigerians

    Sokoto Governor Doubles NYSC Monthly Allowance To ₦20,000, Gives Corps Members ₦30,000

    Sokoto Governor Doubles NYSC Monthly Allowance To ₦20,000, Gives Corps Members ₦30,000

    Nigerians Call On Tinubu To Quit 2027 Presidential Race Over Tripping, ‘Lilikabu’ Comment

    Nigerians Call On Tinubu To Quit 2027 Presidential Race Over Tripping, ‘Lilikabu’ Comment

    US Offers $20m Reward For Information On Iran’s Nuclear Programme

    US Offers $20m Reward For Information On Iran’s Nuclear Programme

    Police Detain ASP After Stray Bullet Kills Young Girl During Lagos Operation

    Police Detain ASP After Stray Bullet Kills Young Girl During Lagos Operation

    Obi Challenges Tinubu To Account For $100bn Loans, ₦15.8trn Fuel Subsidy Savings

    Obi Challenges Tinubu To Account For $100bn Loans, ₦15.8trn Fuel Subsidy Savings

    Billionaire Taiwo Afolabi Hosts Lavish Wedding Reception For Son, Takes Over Lagos

    Billionaire Taiwo Afolabi Hosts Lavish Wedding Reception For Son, Takes Over Lagos

    Gov. Lawal Distributes 300 Vehicles, 2,000 Motorcycles To Zamfara Groups And Individuals, Says Empowerment Goes Beyond Rhetoric

    Gov. Lawal Distributes 300 Vehicles, 2,000 Motorcycles To Zamfara Groups And Individuals, Says Empowerment Goes Beyond Rhetoric

    Funke Akindele’s ‘The Four’ Sells Out London Premiere Ahead Of December Cinema Release

    Funke Akindele’s ‘The Four’ Sells Out London Premiere Ahead Of December Cinema Release

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
Apples Bite Int'l Magazine
No Result
View All Result
Adron Homes Lemon Friday
Home Metro Crime

ALLEGED MONEY LAUNDERING: EFCC Recovers N30bn In Betta Edu Case, Probes 50 Bank Accounts 

Madukwe Nwabuisi by Madukwe Nwabuisi
April 8, 2024
in Crime, News Bite
Reading Time: 3 mins read
0
CBN Ban Usage Foreign Currencies As Collateral For Naira Loans

CBN Ban Usage Foreign Currencies As Collateral For Naira Loans

0
SHARES
15
VIEWS
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission, EFCC, is probing 50 bank accounts, as it recovered N30 billion in the case of the suspended Minister of Humanitarian Affairs, Betta Edu, and the ongoing probe of the ministry over alleged money laundering.

The latest development was revealed in a bulletin titled, “EFCC Alert,” detailing some major arrests, prosecutions, and recoveries made by the commission within the last month.

The document authorised by the EFCC Chairman, Ola Olukoyede, which was obtained by our correspondent on Monday, revealed that the recovered N30bn is now in the Federal Government’s coffers.

The document reads, “Update on Betta Edu investigation. We have laws and regulations guiding our investigations. Nigerians will also know that they are already on suspension, and this is based on the investigations we have done, and President Bola Tinubu has proved to Nigerians that he is ready to fight corruption.

“Moreover, concerning this particular case, we have recovered over N30 billion, which is already in the coffers of the Federal Government.

“It takes time to conclude investigations; we started this matter less than six weeks ago. Some cases take years to investigate. There are so many angles to it, and we need to follow through with some of the discoveries that we have seen. Nigerians should give us time on this matter; we have professionals on this case, and they need to do things right. There are so many leads here and there.

RelatedPosts

Power Supply To Improve Within 72 Hours, Minister Assures Nigerians

Power Supply To Improve Within 72 Hours, Minister Assures Nigerians

November 7, 2026
Sokoto Governor Doubles NYSC Monthly Allowance To ₦20,000, Gives Corps Members ₦30,000

Sokoto Governor Doubles NYSC Monthly Allowance To ₦20,000, Gives Corps Members ₦30,000

November 7, 2026
Nigerians Call On Tinubu To Quit 2027 Presidential Race Over Tripping, ‘Lilikabu’ Comment

Nigerians Call On Tinubu To Quit 2027 Presidential Race Over Tripping, ‘Lilikabu’ Comment

November 7, 2026

“As it is now, we are investigating over 50 bank accounts that we have traced money into. That is no child’s play. That’s a big deal. Then you ask about my staff strength.

“And again, we have thousands of other cases that we are working on. Nigerians have seen the impact of what we have done so far, by way of some people being placed on suspension and by way of the recoveries that we have made. You have seen that the programme itself has been suspended. We are exploring so many discoveries that we have stumbled upon in our investigation.

“If it is about seeing people in jail, well let them wait. Everything has a process to follow. So Nigerians should wait and give us the benefit of the doubt.”

The EFCC further called for a united front in the fight against corruption while urging the judiciary and legislative arms to assist the commission in its anti-corruption fight.

Olukoyede added, “Nobody can fight the corruption war alone. So, we want Nigerians to believe in our capacity to fight this battle. We must also come together and agree that corruption is bad, and so when we are prosecuting corrupt persons, Nigerians should believe in it.

“We expect Nigerians to also appeal to their conscience because the negative impact of corruption is all over for all to see. So we must agree that what is wrong is wrong.

“I also appeal to other stakeholders – the National Assembly and the judiciary to support us in this mission. Every Nigerian must be a corruption fighter. When you see something wrong, say something. Challenge corrupt politicians in your locality. Take them up. Take your governors up on the allocations they receive and make them accountable. By so doing, you will be supporting the fight against corruption.”

Madukwe B. Nwabuisi
Madukwe Nwabuisi

Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.

Tags: Betta EduEFCC

Related Posts

US Offers $20m Reward For Information On Iran’s Nuclear Programme
International

US Offers $20m Reward For Information On Iran’s Nuclear Programme

November 7, 2026
Police Detain ASP After Stray Bullet Kills Young Girl During Lagos Operation
News Bite

Police Detain ASP After Stray Bullet Kills Young Girl During Lagos Operation

November 7, 2026
Obi Challenges Tinubu To Account For $100bn Loans, ₦15.8trn Fuel Subsidy Savings
Politics

Obi Challenges Tinubu To Account For $100bn Loans, ₦15.8trn Fuel Subsidy Savings

November 7, 2026
Billionaire Taiwo Afolabi Hosts Lavish Wedding Reception For Son, Takes Over Lagos
News Bite

Billionaire Taiwo Afolabi Hosts Lavish Wedding Reception For Son, Takes Over Lagos

November 7, 2026
Gov. Lawal Distributes 300 Vehicles, 2,000 Motorcycles To Zamfara Groups And Individuals, Says Empowerment Goes Beyond Rhetoric
News Bite

Gov. Lawal Distributes 300 Vehicles, 2,000 Motorcycles To Zamfara Groups And Individuals, Says Empowerment Goes Beyond Rhetoric

November 6, 2026
Funke Akindele’s ‘The Four’ Sells Out London Premiere Ahead Of December Cinema Release
Entertainment

Funke Akindele’s ‘The Four’ Sells Out London Premiere Ahead Of December Cinema Release

November 6, 2026
Load More
No Result
View All Result

Recent Posts

  • Power Supply To Improve Within 72 Hours, Minister Assures Nigerians
  • Sokoto Governor Doubles NYSC Monthly Allowance To ₦20,000, Gives Corps Members ₦30,000
  • Nigerians Call On Tinubu To Quit 2027 Presidential Race Over Tripping, ‘Lilikabu’ Comment
  • US Offers $20m Reward For Information On Iran’s Nuclear Programme
  • Police Detain ASP After Stray Bullet Kills Young Girl During Lagos Operation

Recent Comments

    Apples Bite Int'l Magazine

    Apples Bite Magazine is your premier destination for updates in business, daily news, and entertainment. At Apples Bite, we serve insightful stories and in-depth analysis, curated to empower professionals, entrepreneurs, and forward-thinking individuals who thrive on staying ahead of the curve.

    © 2026. All Rights Reserved. ApplesBite International Magazine.

    No Result
    View All Result
    • News Bite
      • Politics
      • International
      • National
      • Show Biz
      • Events
      • Security
      • Sports
      • Press Release
    • Lifestyle Bite
      • Fitness
      • Nutrition
      • Personal Growth
      • Travel
    • Health Bite
      • Doctor’s Diagnosis
    • Brand & Business Bite
      • Energy
    • Fashion Bite
    • Opinion Bite
      • Featured Story
      • Fiction & Poetry
      • Career
      • Teachings
      • ABM Staff Blog
      • ABM True Stories
      • Research
      • Tech
    • More
      • Latest Magazine Issue
      • Leadership 360°
      • Religion
      • Education
      • Law
      • Metro
      • Romance
        • Love
        • Sex and Relationship
        • ABM TV
        • Interviews
        • Movies
        • Red Carpets
    • Contact Us

    © 2026. All Rights Reserved. ApplesBite International Magazine.