The Economic and Financial Crimes Commission (EFCC) took swift action following the suspension of Halima Shehu, the National Coordinator and CEO of the National Social Investment Programme Agency (NSIPA), by President Bola Tinubu.
The suspension was prompted by concerns over the alleged transfer of N17 billion from NSIPA accounts to other accounts within a week.
Shehu is under investigation for reportedly approving substantial payments without the necessary presidential approval. EFCC operatives, conducting searches at her private office and home, arrested Shehu around 9 pm on Tuesday. Additionally, the EFCC is reportedly intensifying efforts to apprehend a director at NSIPA believed to be complicit in the irregular transactions.”