Northern Nigerian Breaking News

EFCC probes top bank executives over corruption, submits report on Betta Edu investigation

The Economic and Financial Crimes Commission (EFCC) said on Thursday it was investigating some bank executives for various offences.

The commission also said that it has submitted its preliminary report on the investigation of the former Minister of Humanitarian Affairs, Betta Edu, to President Bola Tinubu.

According to the anti-graft agency, about five bank executives are serving various jail terms at the custodial centres in the country.

The Director of Public Affairs, Wilson Uwajaren, disclosed this while stating the achievements of the commission under Ola Olukoyede.

Read Also: Minister summons NASS staff leadership, aggrieved members over N3bn fraud allegation

PROMISES-DELIVERED

Uwujaren, who didn’t mention names of the bank executives under probe, noted that the banking sector has not been overlooked in the last year.

He said, “It’s just for us to look back and realise that EFCC has never shifted focus from any sector. Between 2009 and 2011, at least five bank executives were investigated and served their jail terms. There are still some that are under investigation.

“They are not politicians. Bank MDs are not immune to investigations or prosecution by the EFCC. We cannot mention names until those things are concluded.“

KANO ACRESAL PROJECT

 

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