Alleged N44.8bn embezzlement: Ex-NSIPA boss denies allegations, threatens legal action.

The former National Coordinator of the Nigerian Social Investment Programme Agency (NSIPA), Halima Shehu, has denied allegations of embezzling N44.8 billion and demanded a retraction and public apology from Business Day Newspaper which had reported that the Economic and Financial Crimes Commission (EFCC) recovered N39.8 billion from her.

Shehu's lawyer, Dr. Abdul Mahmud, described the report as "deliberate falsehood, malicious, and defamatory", stating that his client has never been investigated, indicted, or found guilty of financial impropriety. 

The lawyer, therefore, demanded an immediate retraction of the report and a public apology within seven days.

Warning that failure to comply with the demands will result in legal action against the newspaper, publisher, and reporter, the lawyer also demanded indemnity for the damage caused to Shehu's reputation, character, and integrity.

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