Exclusive: EFCC Freezes N30 Billion Following Suspicion Of Fraudulent Transactions From NSIPA Accounts

Exclusive: EFCC Freezes N30 Billion Following Suspicion Of Fraudulent Transactions From NSIPA Accounts

Written By Oshiobugie John

The Economic and Financial Crimes Commission (EFCC) has reportedly frozen N30 billion out of the N44 billion that was transferred to private accounts from the National Social Investment Programme Agency (NSIPA) accounts. This development comes after President Tinubu suspended NSIPA boss Halima Shehu on Tuesday over corruption allegations.

Following her removal as CEO of NSIPA, Halima Shehu is said to be collaborating with the EFCC to provide information about the alleged laundering of N37 billion by the Ministry of Humanitarian Affairs. Shehu, now in EFCC custody, remains under questioning at the agency’s headquarters in Abuja. Although the EFCC has not officially commented, sources indicate that Shehu’s cooperation may expose details of funds laundered by contractors during the previous administration. Meanwhile, former Minister of Humanitarian Affairs Sadiya Umar, summoned for interrogation by the EFCC, failed to appear on Wednesday, potentially leading to further actions by the anti-graft agency.

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