The embattled National Coordinator and Chief Executive Officer of the National Social Investment Programme Agency (NSIPA), Halima Shehu, who was arrested in connection with an alleged ₦44 billion money laundering case, has been released on bail by the Economic and Financial Crimes Commission (EFCC). Shehu’s release occurred on Wednesday night, and she is required to report to the EFCC Headquarters daily as the investigation progresses.
Shehu’s arrest took place on Tuesday night following her suspension by President Bola Tinubu. The investigation revolves around the alleged suspicious movement of ₦44 billion from NSIPA’s accounts into private and corporate accounts linked to individuals serving as fronts.
Confirming Shehu’s release, EFCC spokesperson Dele Oyewale stated in a telephone interview on Thursday that she is still cooperating with investigators and has been mandated to meet with them daily as the inquiry continues. Oyewale addressed reports regarding the ₦44 billion and ₦30 billion, stating that the commission is actively tracing all suspicious transactions, considering that her agency was under the Ministry of Humanitarian Affairs.
