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 whistle-blower leaves Nigeria as FG pays first tranche

The Citizen by The Citizen
December 14 2017
in Financial Crimes, Headlines
A A
0
$43m found in Ikoyi by EFCC belongs to Rivers State – Gov. Wike

The whistle-blower, who helped the Economic and Financial Crimes Commission (EFCC) recover the $43m, N23.2m and £27,800 (N13bn) from an Ikoyi apartment on April 12, 2017, has finally been paid his commission.

It was also learnt that the whistle-blower travelled out of the country less than 24 hours after receiving part of the N421m reward.

The whistle-blower’s lawyer, Mr. Yakubu Galadima, confirmed the development to our correspondent on the telephone on Wednesday.

He praised the government for finally honouring its agreement after eight months.

Galadima also joked that his client did not run mad after receiving the money as predicted by some government officials.

He, however, said his client had not been paid in full, adding that the Federal Government had promised to pay him the balance next year.

The lawyer said, “My client confirmed to me that he had received a credit alert from the Federal Government. He travelled out of the country this morning (Wednesday morning).

“He has been paid the first instalment but there were many tax deductions. Yes, we are happy. I will give you more details later but I can confirm now that he has received some money.

“As you can see, my client did not run mad as predicted by Prof. Itse Sagay.”

Galadima said the Federal Government’s decision to pay his client was an evidence that his client was the real whistle-blower out of the others that had been laying claim to the money.

At least three persons have laid claim to the commission including one Abdulmumumuni Musa, who has sued the Minister of Finance and the Attorney General of the Federation.

The National Intelligence Agency (NIA) had laid claim to the recovered money which has been forfeited permanently to the Federal Government.

The money, which was recovered from Flat 7B, Osborne Towers, Ikoyi, led to the suspension and eventual sacking of the Director General of the NIA, Ambassador Ayo Oke.

The N13bn recovered from the Osborne Towers was said to have been part of the $289,202,382 the NIA received from the Central Bank of Nigeria in February 2015.

The transaction was purportedly approved by former President Goodluck Jonathan through the embattled former National Security Adviser, Col. Sambo Dasuki (retd.).

On paper, the transaction was known as an intervention fund for national security or special services with the aim of fighting insurgency during the six weeks period between February 14 and March 28 after the election was postponed.

However, the operatives of the EFCC believe that the money was meant to finance the 2015 general elections.

No one has, however, been prosecuted till date. – Punch.

Previous Post

2019: I don’t want to be VP, Osinbajo stays – Tinubu

Next Post

Microbiologist wins N5m Heritage Bank-sponsored Next Titan Season 4

Related Posts

Police confirm abduction of corps members in Kogi
Headlines

Police confirm abduction of corps members in Kogi

August 28 2026
NFF Crisis: Tinubu orders comprehensive reform of Nigerian football
Headlines

NFF Crisis: Tinubu orders comprehensive reform of Nigerian football

August 28 2026
Of bandits and their informants/sponsors
Headlines

Terrorists in Nigeria raise nearly $6m in ransom

August 28 2026
Voters’ Threat: ADC demands immediate arrest of Kuje Council chair
Headlines

Umahi orders contractor to quit Benin-Asaba road

August 27 2026
NFF President, other board members resign
Headlines

NFF President, other board members resign

August 27 2026
EFCC offers 5% whistleblower reward for tips on stolen assets abroad
Financial Crimes

EFCC offers 5% whistleblower reward for tips on stolen assets abroad

August 27 2026
Next Post
Microbiologist wins N5m Heritage Bank-sponsored Next Titan Season 4

Microbiologist wins N5m Heritage Bank-sponsored Next Titan Season 4

Crime rate drops in Rivers upland region – SARS

Crime rate drops in Rivers upland region – SARS

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

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

...

APPOINTMENTS

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

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

...

ODDITIES

Umahi files N2.5b defamation lawsuit against bloggers

Umahi files N2.5b defamation lawsuit against bloggers

by The Editor
August 26 2026
0

Scavengers strip Lagos bridges, homes in widespread theft

Scavengers strip Lagos bridges, homes in widespread theft

by The Editor
August 25 2026
0

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

GLOBAL NEWS

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

WHO confirms Uganda Ebola-free, as virus continues spread in DRC

by The Editor
August 28 2026
0

...

Nepal flash floods claim160 lives, hundreds still missing after deadly surge

Nepal flash floods claim160 lives, hundreds still missing after deadly surge

by The Editor
August 27 2026
0

...

US pauses immigrant visa applications worldwide

US pauses immigrant visa applications worldwide

by The Editor
August 27 2026
0

...

Iran, Oman agree temporary Strait of Hormuz corridor

Iran, Oman agree temporary Strait of Hormuz corridor

by The Editor
August 27 2026
0

...

Uganda President’s son Muhoozi announces 2031 presidential bid

Uganda President’s son Muhoozi announces 2031 presidential bid

by The Editor
August 27 2026
0

...

State of the States

Kaduna pays N6.7bn monthly on inherited loans, says Uba Sani

Kaduna pays N6.7bn monthly on inherited loans, says Uba Sani

by The Editor
August 28 2026
0

...

Abia traditional rulers endorse Gov. Otti for second term

Abia State begins payment of N61.8bn gratuity arrears

by The Editor
August 25 2026
0

...

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

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Police confirm abduction of corps members in Kogi

Police confirm abduction of corps members in Kogi

August 28 2026
Gunmen kill Kogi APC LG chairman

Gunmen kill Kogi APC LG chairman

August 28 2026
Ayra Starr to headline NFL London Game halftime show

Ayra Starr to headline NFL London Game halftime show

August 28 2026
Atiku faults Tinubu over cash transfer programme

Atiku faults Tinubu over cash transfer programme

August 28 2026

EDITORIAL REVIEW

Mass presence of governors in off-cycle elections – Punch

Mass presence of governors in off-cycle elections – Punch

by The Editor
August 27 2026
0

Clerics must preach peace, not division – Punch

Clerics must preach peace, not division – Punch

by The Editor
August 25 2026
0

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

Opinion

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

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

...

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.