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EFCC Seeks Assistance from Zenith, Providus, and Jaiz Banks in Humanitarian Affairs Ministry Probe; GMDs Submit Documents

EFCC Seeks Help Of Zenith, Providus And Jaiz Banks In Humanitarian Affairs Ministry Probe, Receives Records
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The Group Managing Directors (GMDs) of Zenith, Providus, and Jaiz banks responded to an invitation from the Economic and Financial Crimes Commission (EFCC). They handed over documents pertaining to accounts held by the Ministry of Humanitarian Affairs to the anti-graft agency at its Abuja headquarters, according to a source within the Agency.

After submitting the requested documents, the bank executives left the EFCC headquarters. Multiple sources close to the banks, the EFCC, and the Presidency clarified that the documents were sought by the anti-graft agency as part of its ongoing investigation into alleged financial impropriety within the Ministry of Humanitarian Affairs and Poverty Alleviation.

President Bola Tinubu took action on Monday by suspending the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and ordering an investigation into her Ministry. Edu, who faced questioning by the EFCC on Tuesday, is alleged to have directed the disbursement of a N585,198,500.00 grant intended for Vulnerable Groups in Akwa Ibom, Cross River, Lagos, and Ogun States into a private account.

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Seunmanuel Faleye is a brand and communications strategist. He is a covert writer and an overt creative head. He publishes Apple's Bite International Magazine.

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