Betta Edu scandal: EFCC Invited CEOs of Zenith, Providus, Jaiz Banks

The Humanitarian and Poverty Alleviation Ministry, led by suspended Minister Betta Edu and former minister Sadiya Umar-Farouq, was rocked by alleged fraud allegations, prompting the Economic and Financial Crime Commission, or EFCC, to summon the chief executives of Zenith, Providus, and Jaiz banks on Tuesday for questioning.

Ebenezer Onyeagwu of Zenith Bank, Walter Akpani of Providus Bank, and Haruna Musa of Jaiz Bank among the bank executives that have been invited.

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“Yes, chief executive officers of Zenith, Providus and Jaiz Banks have been invited to the headquarters of the Commission on Tuesday for questioning in connection with the probe of Betta Edu and Sadiya Umar-Farouq.”

The event occurred less than a day after President Bola Ahmed Tinubu dismissed Edu in the face of controversy over a memo indicating that she had given her approval to transfer N585,198,500 intended for disadvantaged populations to a personal account.

President Tinubu thus issued an order for a thorough investigation into the ministry’s operations.

Credit: Dailypost