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N44bn NSIPA Fraud Exposed! Minister’s Unyielding Stand Shines Light on Massive Corruption

N44bn NSIPA Fraud Exposed! Minister’s Unyielding Stand Shines Light on Massive Corruption.

A member of the House of Representatives, representing Ideato North/South federal constituency, Hon. Ikenga Ugochinyere Ikeagwuonu, has said that the refusal of the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, to compromise on her principles has helped in exposing the alleged N44 billion fraud at the National Social Investment Programme Agency (NSIPA).

Recall that on Tuesday, operatives of the Economic and Financial Crimes Commission (EFCC) flooded the Maitama office of NSIPA shortly after reports of the suspension of the Chief Executive Officer (CEO) and National Coordinator of the agency, Halima Shehu, over alleged financial malfeasance.

The EFCC is currently investigating ₦44billion allegedly moved from NSIPA’s accounts into private and corporate accounts linked to persons suspected as fronts.

Ugochinyere, in a statement, hailed the anti-graft agency’s ongoing efforts in ensuring that the culprits were caught, tasking the EFCC to ensure that those found guilty are prosecuted.

The federal lawmaker also commended the Minister, Betta Edu, for leading reforms in the ministry within a short span of time.

He described as spurious allegations of involvement of the minister in the alleged N3 billion NSIPA fraud, saying that it was rather her stance not to compromise on her principles that helped in exposing the alleged N44billion fraud at NSIPA.

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