TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Ikoyi cash: EFCC yet to pay 5% commission to whistle-blower, says lawyer …it’s not our job to pay informants, says Magu

The Citizen by The Citizen
November 11 2017
in Financial Crimes, Headlines
A A
0
Ikoyi cash: EFCC yet to pay 5% commission to whistle-blower, says lawyer  …it’s not our job to pay informants, says Magu

The whistle-blower that gave information leading to the recovery of N13bn from Flat 7B Osborne Towers, Ikoyi, Lagos, has denied having been paid five per cent of the recovered sum.

A lawyer, Yakubu Galadima, who claimed to be counsel for the unnamed whistle-blower, alleged on Friday that the Economic and Financial Crimes Commission (EFCC) has reneged on the promised five per cent.

The lawyer, who spoke with journalists on the premises of the Lagos State High Court in Ikeja on Friday, described as untrue the claim by the acting Chairman of the EFCC, Mr. Ibrahim Magu, that the whistle-blower had been paid.

A statement on Thursday by the spokesman for the EFCC, Wilson Uwujaren, quoted Magu as saying in Vienna, Austria, that the “young man” who blew the whistle had already become a millionaire.

“We are currently working on the young man because this is just a man who has not seen N1m of his own before.

“So, he is under counselling on how to make good use of the money and 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 was quoted as saying.

But Galadima claimed that the whistle-blower, his client had been abandoned, saying the EFCC did not even know his whereabouts let alone counselling him.

“The EFCC does not even know the whereabouts of my client. He is presently living from hand to mouth having been abandoned by the commission.

“We have written to the President and even to Magu himself and we have yet to get any form of response. I even sent Magu an SMS this morning debunking the allegation that my client has been paid; but as I speak, I have yet to get a response from him,” Galadima told journalists.

The lawyer said he had already written a letter dated October 10, 2017, to President Muhammadu Buhari in this regard but had yet to get any response from the presidency.

Our correspondent sighted an acknowledged copy of the letter marked highly confidential.

It bore the stamp of the Office of the Attorney General of the Federation, Federal Ministry of Justice, indicating that the letter was received on October 12, 2017.

Meanwhile, the Economic and Financial Crimes Commission (EFCC) says it is not directly involved in the payment of whistle-blowers.

The Spokesman for the EFCC, Mr. Wilson Uwujaren, said this in statement while reacting to reports that the informant of the seized N13bn Ikoyi cash had been neglected.

The EFCC spokesman further stated that the acting Chairman of the Commission, Mr. Ibrahim Magu, never said the whistle-blower had been paid but merely stated that the man would be a millionaire and that he was undergoing counselling.

The statement read in part, “Magu never said that the young man has been paid. The commission is not even directly responsible for the payment of rewards to whistle-blowers.”

Uwujaren said there was no hanky-panky involved as the whistle-blower and officials of the National Intelligence Agency which laid claim to the money, took part in the recovery and counting of the money.

He added, “There is also no controversy about the exact amount recovered in the operation which was streamed live, the first of its kind, and witnessed by the whistle blower, security at the Towers and representative of the Agency which claimed ownership of the money.

 

Previous Post

FG probes officials who aided Maina’s recall – Presidency

Next Post

Buhari promises to correct imbalance in federal appointments

Related Posts

Concerns over Betta Edu, others’ inclusion in Tinubu’s campaign council
Headlines

Concerns over Betta Edu, others’ inclusion in Tinubu’s campaign council

August 24 2026
Pres. Tinubu swears in two new ministers
Headlines

Tinubu orders arrest, suspends three perm secs as ICPC uncovers new fake agency

August 21 2026
93 percent of inmates are state offenders, half don’t need jail — Interior Minister
Headlines

FG declares Tuesday public holiday for Eid ul Mawlid

August 21 2026
US Congress okays bill to cut foreign aid to Nigeria
Headlines

FBI asks US court to keep records on Tinubu drug trafficking probe secret

August 21 2026
NDLEA intercepts Europe-bound cocaine consignments
Financial Crimes

NDLEA opposes bail for 10 in N480bn Ogun meth lab

August 21 2026
DSS rejects foreign funding for proposed security trust fund
Headlines

DSS alerts Sokoto as terrorists target tertiary institutions

August 21 2026
Next Post
Pres. Buhari to tour South-East states

Buhari promises to correct imbalance in federal appointments

Evra sees red for karate kick on fan

Fan assault: Marseille sack Evra, UEFA slams season ban

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

by The Editor
August 24 2026
0

...

Adeleke chairmen seize Osun LG secretariats

Adeleke chairmen seize Osun LG secretariats

by The Editor
August 18 2026
0

...

APM sweeps Bauchi LG poll, wins all 20 chairmanship seats

APM sweeps Bauchi LG poll, wins all 20 chairmanship seats

by The Editor
August 18 2026
0

...

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

by The Editor
August 12 2026
0

...

APPOINTMENTS

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

by The Editor
August 8 2026
0

...

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

Katsina governor swears in four permanent secretaries

Katsina governor swears in four permanent secretaries

by The Editor
August 6 2026
0

...

ODDITIES

Man sets mother on fire in Cross River over witchcraft accusation

Man sets mother on fire in Cross River over witchcraft accusation

by The Editor
August 20 2026
0

Celestial Church begins probe into Temitope Osoba’s death

Celestial Church begins probe into Temitope Osoba’s death

by The Editor
August 13 2026
0

Indimi joins appeal against $43.5m judgement award to daughters

Indimi joins appeal against $43.5m judgement award to daughters

by The Editor
August 6 2026
0

GLOBAL NEWS

US removes Syria from state sponsor of terrorism list

US removes Syria from state sponsor of terrorism list

by The Editor
August 24 2026
0

...

Trump to double tariffs on Canada autos as trade fight heats up

Trump to double tariffs on Canada autos as trade fight heats up

by The Editor
August 24 2026
0

...

UK warns citizens against travel to 28 Nigerian states over terrorism, kidnap risk

UK warns citizens against travel to 28 Nigerian states over terrorism, kidnap risk

by The Editor
August 21 2026
0

...

Country of Particular Concern: We cannot remove Nigeria’s CPC tag — US Congressman insists

Country of Particular Concern: We cannot remove Nigeria’s CPC tag — US Congressman insists

by The Editor
August 21 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada invites 1,000 candidates to apply for permanent residence

by The Editor
August 20 2026
0

...

State of the States

Kaduna State approves N300m for KASU lecturers

Kaduna State approves N300m for KASU lecturers

by The Editor
August 24 2026
0

...

Cross River governor assures SPAR fire victims of govt support, promises immediate intervention

Cross River governor assures SPAR fire victims of govt support, promises immediate intervention

by The Editor
August 24 2026
0

...

Gov. Otu bows to pressure, orders release of detained critic Odama

Gov. Otu bows to pressure, orders release of detained critic Odama

by The Editor
August 20 2026
0

...

2027: Makinde to unveil APM presidential campaign council Friday

Oyo declares Thursday work-free for 2026 Isese day

by The Editor
August 19 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Kaduna State approves N300m for KASU lecturers

Kaduna State approves N300m for KASU lecturers

August 24 2026
Lagos announces three-week diversion for Oke-Afa Bridge repairs

Lagos announces three-week diversion for Oke-Afa Bridge repairs

August 24 2026
Funke Akindele faces backlash over birthday post on Ogogo’s burial day

Funke Akindele faces backlash over birthday post on Ogogo’s burial day

August 24 2026
2027: Dino Melaye heads to court over Adedeji’s role in Tinubu’s campaign

2027: Dino Melaye heads to court over Adedeji’s role in Tinubu’s campaign

August 24 2026

EDITORIAL REVIEW

Tax reform: Northern senators in closed-door meeting as bill scales second reading

Tax reform must end multiple taxation – Punch

by The Editor
August 24 2026
0

BREAKING: Kidnapped Oyo pupils, teachers regain freedom

Terror victims deserve care – Punch

by The Editor
August 21 2026
0

Unfilled tertiary education spaces debacle – Punch

Unfilled tertiary education spaces debacle – Punch

by The Editor
August 20 2026
0

Reps in rowdy session over motion to summon Tinubu

Accounting for recovered assets – Punch

by The Editor
August 18 2026
0

Stop recruiting youths for election violence – Punch

Stop recruiting youths for election violence – Punch

by The Editor
August 12 2026
0

Opinion

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Airtime credit dispute and need for clarity

Airtime credit dispute and need for clarity

by The Editor
August 5 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.