Politics

Whistle blower compensated and becomes millionaire

Osborne Tower money: Whistle blower compensated and becomes millionaire. The “young man” who blew the whistle on the money recovered from an apartment in Ikoyi, Lagos, is now a millionaire as he has been officially compensated.
The Economic and Financial Crimes Commission (EFCC) said the man was rewarded with percentage of the recovered money. The Acting Chairman of the commission, Mr Ibrahim Magu, stated this in Vienna, Austria, on Thursday, spokesman of the EFCC, Mr Wilson Uwujaren, said in a statement.
Uwujaren said Magu spoke at the ongoing 7th Session of the Conference of States Parties to the United Nations Convention Against Corruption.
On April 7, EFCC operatives broke into a four-bedroom apartment on Osborne Towers, Ikoyi, and pulled out $43 million, £27,800 and N23 million stashed in a wardrobe. The commission said the discovery followed an operation triggered by a whistle blower’s alert received by its Lagos office.
Uwujaren quoted Magu as saying that the whistle blower was already a millionaire by virtue of the percentage he was officially entitled to. “We are currently working on the young man because this is just a man who has not seen one million Naira of his own before.

READ MORE: IPOB, Nnamdi Kanu contracted to drown Igbos hard work

“So, he is under counseling 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,” he said. The EFCC boss called on Nigerians who want a positive change in the country to take advantage of the whistle blowing policy announced by the government early this year.
He noted that aside from contributing to the eradication of corruption, potential whistle blowers also stood to “benefit from the illicit acquisition by the looters”.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, ” Magu said.
On June 7, a Federal High Court sitting in Lagos ordered the final forfeiture of the money to the Federal Government.
Whistle blower compensated

0 0 votes
Article Rating
towncrierng

Recent Posts

Ekiti North Senatorial 2027: Cyril Fasuyi Group Anxiously Awaits Fayemi’s Next Move

  ...jittery over no automatic returning remarks of Fayemi The Cyril Fasuyi Group is on…

8 hours ago

Wike criticised Omehia, Secondus for questioning his contributions to the state as FCT Minister

The Minister of the Federal Capital Territory, Nyesom Wike, has berated former Rivers State Governor,…

9 hours ago

Okupe: Why Atiku can’t be President in 2027

  Dr. Doyin Okupe, a former spokesman and ex-Director-General of the Peter Obi Presidential Campaign…

20 hours ago

Niger Republic’s Military Leader’s Allegations Against Nigeria Are Baseless – FG

  The Federal Government of Nigeria strongly rejects allegations made in a viral video by…

22 hours ago

‘REMAIN FOCUSED IN WAR AGAINST INSECURITY’ – FAF ADVISES FAKOREDE

Ibrahim Bakare Head of the Inspector General of Police Monitoring Unit in Abuja and Assistant…

22 hours ago

Governor Makinde Honors Yinka Ayefele as “Ambassador of Christ,” Rewards Fresh FM Stars with Luxury Cars

Dr. Yinka Ayefele Receives Ambassador of Christ Award from Governor Makinde The Founder and CEO…

4 days ago