Ministers, NNPCL, CBN Accused of Transferring Billions to Private Accounts

The Nigerian Petroleum Corporation Limited (NNPCL) has been accused of transfering billions of public funds into private accounts.

Ministers of the federation and the Central Bank of Nigeria were also accused of looting billions through transfers to private accounts.

Daily Report Nigeria reports that the allegations are coming on the heels of the ongoing scandal involving the Minister for Humanitarian Affairs and Poverty Alleviation, Betta Edu.

Popular activist, Deji Adeyanju made the claims while appearing on Arise Television interview on Saturday, saying he would not praise President Bola Tinubu over the suspension of Betta Edu.

According to the activist, all ministers of the federation transfer money into private accounts, as well as the NNPCL and the CBN.

Adeyanju alleged that billions of dollars are transferred into private accounts without anybody monitoring on a daily basis, and called on the Economic and Financial Crimes Commission, EFCC, to probe all ministries and alongside Edu.

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He said, “I would not be in a hurry to praise the president over Betta Edu’s suspension. She is just one among the ministers. There is nothing that Edu is doing that other ministers are not doing.

“Even NNPC and CBN are transferring money into private accounts. NNPC can transfer billion of dollars into private account without anybody monitoring.

“I can provide audited and evidence accounts of payment into private accounts. Even these people who just took over from Emefiele are transferring into private accounts.

“If EFCC wants to fight corruption, they should not just pick up an individual but it should cut across the board, I have evidence to prove this claim.”

Recall that that a leaked memo indicted Edu of approving the payment of a N585 million social intervention funds into the private account of a civil servant.

Following the disclosure, President Bola Tinubu suspended Edu while ordering the Economic and Financial Crimes Commission, EFCC, to thoroughly investigate the scandal.