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10 Nov 2017

Ikoyigate: Whistleblower Rewarded, Turns Millionaire

The whistleblower who exposed the IkoyiGate is now basking in opulence after the Federal Government redeemed its promise of dishing out a percentage of the recovered slush funds.
Part of the recovered funds

The whistleblower who blew the whistle of the recovered $43 million stashed at flat 7b of Osborne Towers, Ikoyi, Lagos is now a millionaire.

Ibrahim Magu, the acting chairman of Economic and Financial Crimes Commission reportedly stated this in Vienna, Austria, on Thursday, spokesman of the EFCC, Mr Wilson Uwujaren, said in a statement.

He said the whistleblower has been officially compensated. Earlier in April, operatives of the anti-graft agency broke into a four-bedroom apartment on Osborne Towers,and pulled out $43 million, £27,800 and N23 million stashed in a wardrobe.

A Federal High Court sitting in Lagos ordered the final forfeiture of the money to the Federal Government on June. 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.

“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 reportedly said.

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