Betta Edu: Full List of Assets Acquired by Suspended Humanitarian Affairs Minister Since Assuming Office

Betta Edu, Suspended Minister, Faces Probe Over Extensive Asset Holdings

In a startling revelation, Betta Edu, the suspended Humanitarian Affairs Minister, is currently under investigation by the EFCC for the substantial acquisition of assets during her tenure as the Disaster Minister. The detailed list of her holdings, now subject to scrutiny, paints a picture of significant wealth amassed during her time in office.

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Comprehensive Asset Portfolio:

1. Estate at Linda Chaulker Road, Asokoro Extension: Valued at a staggering N750 million, this property is among the notable acquisitions.
2. Plaza at El-Rufai Crescent Guzape Asokoro Extension: A commercial property worth N1.4 billion raises questions about Edu’s financial dealings.
3. Filling Station along Abuja-Kubwa Expressway: A lucrative investment valued at N1.2 billion adds to the complexity of the investigation.
4. Estates at Metropolitan Estate Abuja: Ownership of four estates valued at N350 million indicates a diverse real estate portfolio.
5. Plots of Land in Airport Road Abuja: Six plots worth N300 million contribute to the extensive list of holdings.
6. Estates at Airport Road: Four additional estates valued at N530 million further underscore the scale of Edu’s assets.
7. Estates in Federal Housing Estate Calabar Cross River State: Two estates in Calabar, worth N190 million, extend the reach of her property holdings.
8. Dillion Station in Calabar Metropolis: Valued at N430 million, this business venture in Calabar adds to the overall financial picture.

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Cash Holdings Uncovered:

In addition to the vast real estate empire, substantial amounts of cash were discovered across various banks, intensifying the ongoing investigation:

• Zenith Bank: N2.7 billion
• First Bank: N725 million
• Polaris Bank: N388 million
• Zenith Bank: $2.1 million
• Zenith Bank: £57,000
• Zenith Bank: €13,000
• Polaris Bank: $6,500

Ongoing Investigation:

The EFCC’s probe is not limited to physical assets but extends to potential undisclosed holdings, including jewellery. The comprehensive nature of the investigation aims to unravel the complete financial landscape of Betta Edu.

Stay tuned for updates on this developing story.

Source: EFC