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Ikoyigate: EFCC says it is not responsible for payment of ‘rewards’ to whistleblowers

EFCC

The Economic and Financial Crimes Commission (EFCC) on Friday, said it never claimed that the whistleblower, who uncovered $43.4 million in Osborne Towers in Ikoyi, has been paid.

Reference: Ibrahim Magu had said, “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. So, he is under counselling on how to make good use of the money and also the security implication.

In reaction, the said whistleblowers’ counsel said, “The EFCC does not even know the whereabouts of my client. He is presently living from hand to mouth having been abandoned by the commission.”

EFCC’s reply: In a statement by Wilson Uwajuren:

Following publications in sections of the social media today, November 10, It has become necessary to clarify the statement credited to the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu regarding the status of the whistle blower in the Osborne Tower cash recovery. What Magu said at the 7th Session of the Council of State Parties to the United Nations Convention Against Corruption in Vienna, Austria, was that citizens should be encouraged to embrace whistle blowing because of the incentives attached.

To illustrate this, he stated that the gentleman who provided the information that triggered the huge recovery at Osborne Towers in Ikoyi was already a millionaire based on the incentive in the whistleblower policy where information providers are entitled to between 2.5 and 5 % of the recovered sum.

Magu never said that the young man has been paid. The Commission is not even directly responsible for the payment of rewards to whistleblowers.

There is also no controversy about the exact amount recovered in the operation which was streamed live, the first of its kind, and witnessed by the whistleblower, security at the Towers and representative of the agency which claimed ownership of the money.

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