President Bola Tinubu, on Monday, directed the Chairman of the Financial and Monetary Crimes Fee, Ola Olukoyede, to research all monetary transactions involving the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.
Dr Betta Edu was the minister in control of the ministry till the President suspended her on Monday.
Moreover her suspension, Tinubu directed that the anti-graft company to probe transactions of companies below the ministry.
This was contained in a press release by the Particular Adviser on Media and Publicity to the President, Ajuri Ngelale.
The PUNCH stories that Edu got here below criticism after a leaked memo on December 20, 2023 revealed that she directed the Accountant-Basic of the Federation, Oluwatoyin Madein, to switch N585m to a non-public account owned by one Oniyelu Bridget, who the ministry claimed at present serves because the Venture Accountant, Grants for Weak Teams.
However within the assertion on Monday, Tinubu stated he was dedicated to “uphold the best requirements of integrity, transparency, and accountability within the administration of the commonwealth of Nigerians”.
The assertion learn, “In step with his avowed dedication to uphold the best requirements of integrity, transparency, and accountability within the administration of the commonwealth of Nigerians, President Bola Tinubu suspends the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from workplace with quick impact.
“The President additional directs the Government Chairman of the Financial and Monetary Crimes Fee (EFCC) to conduct an intensive investigation into all points of the monetary transactions involving the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, in addition to a number of companies thereunder.
“The suspended minister is hereby directed handy over to the Everlasting Secretary of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, and she or he is additional directed by the President to completely cooperate with the investigating authorities as they conduct their investigation.
“Moreover, the President has tasked a panel that’s headed by the Coordinating Minister of the Financial system and Minister of Finance to, amongst different capabilities, conduct a complete diagnostic on the monetary structure and framework of the social funding programmes with a view to conclusively reforming the related establishments and programmes in a decided bid to eradicate all institutional frailties for the unique good thing about deprived households and win again misplaced public confidence within the initiative.
“These directives of the President take quick impact.”