The Economic and Financial Crimes Commission (EFCC) has traced N30 billion of the N44 billion moved from the accounts of the National Social Investment Programme Agency (NSIPA).
The multiple accounts to which the funds were moved by some NSIPA officials have been frozen by the anti-graft agency as part of an ongoing probe.
It was learnt that the N44 billion was suspiciously moved from NSIPA’s accounts into private and corporate accounts linked to those serving as fronts.
Some of the officials of the agency have been undergoing investigation.
For hours yesterday, EFCC interrogators grilled the suspended National Coordinator/Chief Executive Officer (CEO) of the agency, Halima Shehu.
The anti-graft commission also arrested NSIPA’s immediate past Director of Finance and Accounts (DFA), Mr. Bwai Adamu Hamza.
A source, who spoke in confidence, said the EFCC Executive Chairman. Mr. Ola Olukoyede was personally leading the probe.
The source said: “After hours of interrogation and profiling of many accounts, the EFCC was able to confirm that unauthorised N44 billion was suspiciously moved out of NSIPA’s account to some private and corporate accounts.
“So far, N30billion has been traced to some accounts and frozen. Our operatives are on the trail of the owners and alleged fronts or firms used to siphon the cash.
“Records showed that the N44 billion was hurriedly moved out of NSIPA’s account in one week.”
