Over N30 billion recovered through tips from whistle blowers – EFCC

Ibrahim Magu
Acting EFCC Chairman, Ibrahim Magu

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC Ibrahim Magu, says more than N30 billion looted funds have been recovered since the commencement of the whistle blowing policy.

“Since the commencement of the whistle-blower policy, we have received hundreds of actionable tips that led to the following cash recoveries: N527, 643,500; $53,222,747; GBP 21,222,890 and Euro 547,730,” Mr. Magu said on Thursday at the launch of the whistle-blower support project.

Tagged ‘Corruption Anonymous’ (CORA), the project is being organised by the African Centre for Media and Information Literacy, AFRICMIL, in partnership with the MacArthur Foundation.

In a speech at the event, Mr. Magu said the EFCC has created an environment for those with information to approach the Commission, confident that the information they give would be put into effective use.

Thursday’s speech comes about two months after Mr. Magu some of the tip-offs passed to anti-graft detectives by whistle blowers were leading nowhere.

The EFCC chief, however, explained his stance at the event.

“I am glad to report that Nigerians have so far been very responsive. We have always treated every tip referred to us with strict sense of responsibility bearing in mind that such undertaking on the part of the whistle-blower is usually a matter of trust and even risk.

“At the same time, we have been careful not to be used by mischief makers who would want to abuse this process.

“Let me reiterate that just as there is consequence for corruption, there will be consequence for those who want to take advantage of this noble initiative in the fight against corruption to create mischief. We have responded to this possibility by developing a water-tight mechanism of both reporting and cross-checking information.”

He commended the initiators of the project, adding that “through this window, we have seen many Nigerians whose motivation was not just to benefit from the recoveries, as promised by the federal government, but the satisfaction of having to see that what was ill-gotten has been recovered for the good of all.

“Those in this category were motivated by their sense of justice and overriding national interest, not the financial reward. We urge more Nigerians to borrow a leaf from these patriotic individuals.

“President Muhammadu Buhari during his October 1 national broadcast highlighted the Whistle-Blower Policy as one of the administration’s new institutional reforms to eradicate corruption in Nigeria,” Mr. Magu said.

In his speech, Chido Onumah, Co-ordinator of AFRICMIL, said the anti-graft war has recorded a huge success through the whistle blowing policy.

Mr. Onumah said going by figures from the Presidential advisory Committee Against Corruption, PACAC, 2,150 tips had been received by the Ministry of Finance.

Despite the success recorded, Mr. Onumah said the policy still lacks proper awareness among Nigerians.

“Take a walk around town and ask Nigerians, chances are that nine out of ten would not have heard about the policy much less have any idea of how to submit tips.

“The second thing is the glaring absence of commitment to the safety and protection of whistle blowers. Most of those who are reported are often left to walk free and never invited for questioning, much less suspended from office as the public service rules recommended.”

While urging Nigerians to key into the whistle blowing policy, he said the CORA project is geared towards creating awareness and ensuring maximum protection for whistle blowers.

President Buhari announced the policy in December 2016. It encourages citizens to inform law enforcement authorities about suspicious activities of public treasury looters.

A maximum five per cent of the recovered sum was earmarked as reward for the whistle blower as part of the policy. In June, government announced payouts of N375.8 million to 20 whistle blowers.


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  • Alexander Bende

    Premium Times Editor,

    EFCC DOES NOT ANY WHISTLE BLOWER to recover the $25 billion dollar of illegal contracts
    entered by the trio of Muhamadu Buhari, Yemi Osinbajo, and, Alhaji Baru who is GMD of NNPC.
    This is low-hanging fruit, please. It blows its own whistle since none of the three (3) conspirators
    has any right under any law to sign off a total of $25 billion worth of contracts for, or, of services.
    EFCC should wake up and stop chasing shadows. Nigerians want to see arrest and jailing here.
    This $25 billion NNPC fraud is the worst ever scam in the history of Nigeria – a very criminal plot.

    • Borode Ajayi

      @AFRICANER:disqus & Alexander Bende

      Look, Bros, i am not denying what you are saying but who will arrest Muhamadu Buhari
      and jail him for this $25 billion fraud when the constitution gives him immunity while he
      remains in office as president of Nigeria? That is what you should consider first.

      As far as EFCC figures are concerned it is true and you are right that those figures
      don’t mean anything until they are matched with names and faces and with entries
      in public records of those money was recovered from. Naming and shaming is part
      of the criminal process but Muhamadu Buhari is (falsely) claiming to fight his own
      backward war against corruption without sense or gumption.

      • AFRICANER

        The Constitution gives the Assembly the authority to impeach a fraudulent President, and then he can be arrested after impeachment and conviction.

        • Gbola

          You need to quit sniffing that cheap drug bro.
          It ain’t good for ya.
          Insane in the membrane !!

          • Netanyahu

            He is out….They have touched his raw nerve. You are an embarrassment to the yoruba race. Shame.

          • Fadama

            You are the one on cheap drugs for your continued support of a clearly failed government.

          • Baba B

            I bet their narrative will change now that Kachikwu has clarified his position on the corruption issue spun by haters and disgruntled politicians who have come here in different guises and names. He has clearly said he did not complain about any fraud but process and this was what Dele Awegboba consistently told some of the thieves who have signed here under different names to wait for the minister of state to clarify his position. From the start it was very evident that there was no where in that Kachikwu’s memo that a prima facie case of fraud was established against anyone, least of all Buhari and I said this all along, but those people who just cannot stand anyone but their own become president as well as those who are facing corruption cases twisted the story and those who always wait for others to herd them like rams for reason bothering on intellectual laziness to comprehend issues jumped on it have been peddling lies allover the place.I continue to say it that until I see corruption on the part of Buhari,I will continue to support him.

  • AFRICANER

    If I say that I have recovered over 900 trillion naira from looters, mine is bigger. The question Magu and I have yet to answer is from whom, when, where, why?

    In a democracy, transparency is sacrosanct. Without sunshine, there’s rot, bogus claims, and corruption. We need to know who these crooks are. How can the whistle blowers be exposed, and the wayo people shielded? The land of the goons. And what’s with the mark on the foreheads of every leader of the Nigerian Federal government? Buhari is the only one without one. Occult?

    • share Idea

      We are back to the era of trailer loads of fertilizer disappearing between Rivers and Kano even when there is no Bermuda Triangle between the two states. It took GEJ administration implementing E-Wallet to demystify such claims.

      EFCC have been recovering loots from ghost without any person been convicted…

  • Mani_Kay

    BUHARI IS THE SOLE ADMINISTRATOR OF EFCC, CBN & NNPC

    The so called Whistle Blowers are EFCC.

    …. The so called monies recovered were planted by EFCC

    ……. recovered monies are sourced from CBN & NNPC where Buhari is the Sole Administrator

    …………….. Corruption Reloaded and Reloading!

  • Fairgame

    These people really think propaganda and lies can keep working on those gullible supporters that brought the calamity called Buhari on nigeria.