Acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has said that the commission has made good it’s promise to the man who blew the whistle on a huge amount of money stashed in an Ikoyi residence in Lagos.
$43 million, £27,800 and N23 million stashed in a wardrobe were recovered by the EFCC from a four-bedroom apartment on Osborne Towers sometime in April due to information received from an unidentified source.
The anti-graft boss while speaking in Vienna, Austria confirmed that the whistle blower has received his cash reward which is between 2.5 percent and 5 percent of the entire recovered loot.
“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,” he said.
“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.”
Magu then encouraged Nigerians to be on the look out so that looters will have no where to hide their illegal monies.
“So, we encourage more whistle blowers to come forward with genuine information that will lead to recoveries from looters of public treasury,” he said.
“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.”