The Financial and Monetary Crimes Fee, EFCC, has tracked and frozen N30 billion of the N44 billion moved from the accounts of the Nationwide Social Funding Programme Company, NSIPA.
The event comes barely 24 hours after Halima Shehu, the embattled Nationwide Coordinator of NSIPA, was detained and arrested by EFCC after her suspension by President Bola Ahmed Tinubu.
A supply who spoke anonymously to The Nation revealed on Wednesday that the a number of accounts wherein some NSIPA officers moved the anti-graft company have been frozen as a part of an ongoing probe.
“After hours of interrogation and profiling of many accounts, the EFCC confirmed that unauthorised N44 billion was suspiciously moved out of NSIPA’s account to some non-public and company accounts”.
On Wednesday, EFCC grilled Shehu over the alleged fraud.
The anti-graft fee additionally arrested NSIPA’s instant previous Director of Finance and Accounts, DFA, Bwai Adamu Hamza.
Hamza retired from the company in December.
Shehu and Hamza had been subjected to interrogation yesterday by a particular group.
To this finish, after monitoring the money motion, the EFCC recovered and froze the N30 billion traced to a number of accounts.
As of Tuesday, the company had intercepted and seized N17 billion.
Inside 24 hours, the fee traced and froze a further N13 billion in some accounts, elevating the money seized to N30 billion.
It was learnt that the N44 billion was suspiciously moved from NSIPA’s accounts into non-public and company accounts linked to these serving as fronts.
This comes as Former Humanitarian Affairs, Catastrophe Administration and Social Growth minister, Sadiya Umar-Farouq, whom Halima Shehu labored beneath, shunned the EFCC invitation to seem for interrogation.
The EFCC invited Umar-Farouq over the alleged laundering of N37, 170,855,753.44 throughout her tenure via a contractor, James Okwete.
The previous minister denied the allegations.