The Economic and Financial Crimes Commission (EFCC) has started investigations of some serving ministers who have been accused of corruption, Punch reports.

According to the newspaper, a source said two of the ministers are on the top of the list of the anti-graft agency.

The source revealed that one of the ministers is being probed on suspicious award of licences in his ministry.

Another minister, according to the source was being investigated for alleged involvement in the movement of huge amounts of money with a telecommunications company which he has a share in.

The source said, “The commission has commenced investigations into alleged corrupt practices by some serving ministers. In fact, the cases against the two of them have got to an advanced stage. One of them is from the South-West while the other is from the South-East.

“The one from the South-West is under probe for alleged questionable award of licences to firms which involved billions of naira. His counterpart has a different case. He is being probed for aiding illegal movement of millions of naira by a major telecommunication firm out of the country. The minister is believed to have some shares in the telecommunication firm. You can be sure that both cases are progressing and have got to an advanced stage.”

Azeez