The Economic and Financial Crimes Commission (EFCC), has uncovered a total sum of N37,170,855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under former minister, Mrs Sadiya Umar-Farouk.
Details of the ongoing investigation revealed that the money was transferred from the Federal Government’s coffers and sent to 38 different bank accounts domiciled in five commercial banks belonging a contractor identified as James Okwete.
Okwete is said to have used these funds for personal expenses, including purchasing luxury cars and and acquiring properties in Abuja and Enugu.
The document from the anti-graft agency further revealed that the funds were transferred between 2018 and 2023, originating from the Federal Government’s coffers.
Despite previous controversies, including the Independent Corrupt Practices and Other Related Offences Commission’s discovery of N2.67 billion in private bank accounts meant for the ministry’s school feeding program, this recent revelation also raises concerns about corruption within government agencies, PUNCH reported.
As calls for transparency and accountability grow, the EFCC continues its investigations into the alleged financial misconduct, involving key figures in the Ministry of Humanitarian Affairs. The consequences of these findings may extend to legal actions against those indicted in the shameful scandal.