Magu never said whistleblower had been paid – EFCC

The Economic and Financial Crimes Commission (EFCC) has clarified remarks credited to its acting chairman, Mr Ibrahim Magu, concerning the Ikoyi whistleblower on Thursday.

Spokesman of the commission, Mr Wilson Uwujaren, said in a statement on Friday that Magu never said the whistleblower had been paid his compensation as being insinuated in a section of the media.

The informant had provided intelligence that led to the recovery of $43.5 million, £27,800 and N23.2 million stashed in an apartment on Osborne Towers in Ikoyi, Lagos on April 7.

By the federal government’s whistleblower policy that took effect in December, 2016 informants are entitled to between two and five per cent of the looted money they helped to recover.

Uwujaren had quoted the EFCC acting chairman as saying in Vienna, Austria, that the Ikoyi whistleblower, was now a millionaire by “virtue of the percentage he is 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.

“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”, he reportedly told a United Nations anti-corruption conference.

However, one Yakubu Galadima claiming to be a lawyer to the whistleblower reportedly countered the EFCC boss, saying his client had not been paid.

Galadima also reportedly said that the recovered amount “was N17 billion and not the N13 billion being declared’’.

However, Uwujaren said; “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.

(NAN)