Nigeria Recovers $24 Million in Betta Edu Probe, Poverty Minister Investigation

Nigeria Recovers $24 Million in Betta Edu Probe, Poverty Minister Investigation

Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says. The funds were traced to more than 50 bank accounts, it said.

Key Takeaways

1. Nigeria has recovered 30bn naira in a corruption probe into a suspended minister.

2. The funds were traced to more than 50 bank accounts.

Brief Context

Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was suspended in January over the alleged diversion of $640,000 of public money into a personal bank account. President Bola Tinubu ordered an investigation into her ministry. The Economic and Financial Crimes Commission (EFCC) said it had found "many angles" to examine and is investigating over 50 bank accounts.