N29 billion Recovered From Whistle-Blower Tips - EFCC

The  Economic and Financial Crimes Commission, EFCC, has stated that so far, about N29bn has been recovered from looters through the whistle-blowing policy.

The EFCC Acting Chairman, Ibrahim Magu, disclosed this, on Thursday in Abuja during the unveiling of Corruption Anonymous — a whistle-blower support project.

Magu urged Nigerians to continue to help in the fight against corruption by providing information to the anti-corruption agencies.

The launch was organised by the Africa Centre for Media and Information Literacy, with active collaboration of relevant stakeholders including the EFCC, to give momentum to whistle-blower initiative of the Federal Government, which is already yielding positive results as a strategic tool in the efforts to reduce corruption in the country.

He said that since the commencement of the policy, the commission had received hundreds of actionable tips that led to the recovery of N527.6m, $52.2m, £21.2m and €547,000.

Magu, who was represented by Director, Public Affairs, Osita Nwajah, said that this project and the whistle-blower policy underscore the commission’s repeated admonition to Nigerians to come together in dealing with the cankerworm of corruption.

“In this modern time, we cannot fight corruption alone, but we need every Nigerian to join the anti-graft war because of the negative effect of corruption. Corruption does not discriminate against ethnicity, religion or political affiliation,” he said.

“At the EFCC we have created an environment where those who have information about corrupt practices can approach the commission, and confidently give us information that will be put into effective use,” he added.
    

Last modified on 13/10/2017

Share this article

Login to post comments

About us

tmnews.ng is one of the leading Newspapers in Nigeria today . It has developed a rich heritage as the most entertaining, refreshing, authoritative, detailed and reader friendly newspaper in the country.

Last posts

Newsletter

Sign Up for Tmnews Newsletter for latest news