The Economic and Financial Crimes Commission (EFCC), has recovered about N39.8 billion out of N44.8billion allegedly embezzled from the government account by former National Coordinator of the National Social Investment Programme (NSIPA), Halima Shehu.
This came as the EFCC is currently investigating three second generation banks for their complicity in the illegal transfers of the funds meant for poverty alleviation and other intervention schemes of the current government.
Shehu, the sacked National Coordinator of NSIPA in concert with a Director of Finance allegedly signed off N44billion from government account in five days between 27th and 31st December 2023.