Halima Shehu
The Economic and Financial Crimes Commission (EFCC) has tracked N30 billion of the N44 billion moved from the accounts of the National Social Investment Programme Agency (NSIPA).
The multiple accounts to which the funds were moved by some NSIPA officials have been frozen by the anti-graft agency as part of an ongoing probe, The Nation reports.
It was learnt that the N44 billion was suspiciously moved from NSIPA’s accounts into private and corporate accounts linked to those serving as fronts.
Some of the officials of the agency have been undergoing investigation.
For hours yesterday, EFCC interrogators grilled the suspended National Coordinator/Chief Executive Officer (CEO) of the agency, Halima Shehu.
The anti-graft commission also arrested NSIPA’s immediate past Director of Finance and Accounts (DFA), Mr. Bwai Adamu Hamza.
Hamza retired from the agency in December.
Shehu and Hamza were subjected to interrogation yesterday by a special team.
Former Humanitarian Affairs, Disaster Management and Social Development minister, Sadiya Umar-Farouq, failed to honour the EFCC invitation to appear for interrogation.
She also did not send any message on why she did not turn up.
Officials designated to interrogate her waited in vain.
The EFCC invited Umar-Farouq over the alleged laundering of N37, 170,855,753.44 during her tenure through a contractor, James Okwete. The former minister denied the allegations.
There were strong indications last night that having failed to turn up without explanation, the former minister might be declared wanted by the EFCC.
Investigations showed that the ongoing probe of NSIPA assumed a new dimension following the discovery that the total cash taken out of the agency’s vaults was N44 billion.
But, after tracking the movement of the cash, the EFCC recovered and froze the N30 billion it traced to multiple accounts.
As of Tuesday, the agency had intercepted and seized N17 billion.
Within 24 hours, the commission traced and froze an additional N13 billion in some accounts, raising the cash seized to N30 billion.
Detectives were still profiling many accounts last night to uncover the balance of N14 billion.
About The Author
