The policy has been yielding fruit as operatives of the Economic and Financial Crimes Commission (EFCC) have recovered large sums of money.
The policy has been yielding fruit as operatives of the Economic and Financial Crimes Commission (EFCC) have recovered large sums of money with the help of whistleblowers.
Below are five cases where money was recovered by the EFCC due to information given by a whistleblower:
On April 12, about $50 million, in separate sums of $43 million, N23 million and 27,000 pounds was recovered from a home in Ikoyi, Lagos.
The EFCC, last week, recovered the sum of N450 million from an abandoned shop in the Nigerian Air Force complex in Victoria Island, Lagos.
On February 10, $9.2 million cash was recovered from a home belonging to former Group Managing Director of the NNPC, Andrew Yakubu, in Sabon Tasha, Kaduna.
Minister of Information, Lai Mohammed said, in February, that $151 million and N8 billion was recovered from three sources through whistleblowers.
Mohammed added that the sum of $136.7 million was recovered from an account in a commercial bank, where the money was kept under an apparently fake name.
Meanwhile, former People Democratic Party (PDP) Chairman, Adamu Muazu has confessed to being the owner of the Ikoyi home in which the $50 million was found.
Muazu had earlier denied ownership of the house after the discovery of the huge sum was made by the EFCC.