BREAKING! EFCC Reveals Ikoyi House Whistle Blower Will Be Given N325m As Reward

at 03:39 PM, 10 Nov 17 (1 week ago)
(3432 | Gistmaniac) (f)

There are reports coming out from the Economic and Financial Crimes Commission ( EFCC) on Thursday that the man who informed the commission about the $43m, N23.2m and £27,800 (N13bn) recovered from an Ikoyi apartment in April, may be given about N325m in the light of the Federal Government’s whistle-blower policy.

The whistle-blower policy states that any whistle-blower whose information leads to the recovery of over N5bn will attract a 2.5 per cent reward.

The acting Chairman of the EFCC, Ibrahim Magu, who did not disclose how much would be given to the whistle-blower, said the commission was already counselling him on how to spend the money.

Magu, while speaking at the ongoing 7th Session of the Conference of States Parties to the United Nations Convention Against Corruption holding in Vienna, Austria, said the whistle-blower was a man who had “never seen N1m in his life.”

He, therefore, called on Nigerians who want a positive change in the country to take advantage of the whistle-blower policy.

The EFCC boss said aside from contributing to the eradication of corruption, potential whistle-blowers would also benefit from the illicit acquisition by the looters.

Magu said,
Quote
“We are currently working on the young man because this is just a man who had not seen N1m of his own before. So, he is under counselling on how to make good use of the money and also the security implication. We don’t want anything bad to happen to him after taking delivery of his entitlement. He is a national pride.

“So we encourage more whistle-blowers to come forward with genuine information that will lead to recoveries from looters of public treasuries. That is part of the ways we can put an end to the looting madness in the public sector.

“When they know that they have no place to keep the loot, as all eyes are on them, they will find looting of public treasuries unattractive.”


A Federal High Court sitting in Lagos and presided by Justice Muslim Hassan had on June 7, 2017 ordered the final forfeiture of the total sum of $43,449,947, £27,800 and N23,218, 000 to the Federal Government which means all legal hurdles have been crossed.

The money, which belongs to the National Intelligence Agency, has since been deposited in the Central Bank of Nigeria.
Wazubia at 03:48 PM, 10 Nov 17 (1 week ago)
(2623 | Gistmaniac) (m)
JAW DROPPING MONEY. IM ON MY WAY TO SHOP, TO BUY MY OWN WHISTLE .
Reply
Flowpajun at 04:02 PM, 10 Nov 17 (1 week ago)
(205 | Upcoming) (m)
he should resign and start business
Reply
Zaki68 at 04:12 PM, 10 Nov 17 (1 week ago)
(800 | Upcoming) Online (m)
GOOD JOB EFCC
Reply
ruthie at 04:28 PM, 10 Nov 17 (1 week ago)
(9465 | Hero) Online (f)
kai...who i go blew whistle for o....
Reply
gogoman at 05:28 PM, 10 Nov 17 (1 week ago)
(27386 | Addicted Hero) (m)
make una dey share money
Reply
Sniper101 at 01:50 AM, 11 Nov 17 (1 week ago)
(1380 | Gistmaniac) (m)
so, this case still dey?

but I know say the money no dey again sha
Reply
BournIdentity at 03:15 AM, 13 Nov 17 (1 week ago)
(45390 | Addicted Hero) (m)
Roll Eyes                                                                        
Reply

LATEST COMMENTS

  1. tonyigho on: HOT GIRLS! Some Of The Most Beautiful American Ladies In College Sports (Photos)
    I like no 2 and 3... 2 mins ago ago
  2. osarobo62 on: Just Like Tiwa Savage, Mercy Aigbe Gentry Seems To Have Reconciled With Her Estranged Hubby
    before you go back,...you better invest in a life insurance scheme ... 7 mins ago ago
  3. tonyigho on: MIRACLE! Jermaine Dupri And Janet Jackson Seem To Be Reconnecting & Getting Closer Again
    Who send you to go marry Muslim billionaire b4? Why u waka commot foolish old woman.... 7 mins ago ago
  4. KingPharoah on: After 12yrs Nigerian Police Reinstates The Hausa Officer Who Killed The Six Igbo Traders in Abuj
    Mohd Buhary rules! ... 21 mins ago ago
  5. Otikadinje on: JUST IN! Angry Owerri Youths Brings Down Newly Erected N530M Jacob Zuma's Statue In Owerri (Phot
    A hungry man is an angry man weldon boys. ... 39 mins ago ago