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

Ordeal of the Ikoyi whistle-blower – Thisday

The Citizen by The Citizen
December 8 2017
in Public Affairs
A A
0
Forfeited assets and matters arising – Thisday

Government must do more to rekindle public trust in the whistle-blowing policy

The controversy surrounding the reward to the whistle-blower who instigated the process that led to the discovery of over N13 billion at the Osborne Towers, Ikoyi in Lagos, has not only opened the government to ridicule, it has raised several questions about the whole policy. It has also revealed that when it comes to keeping agreements, our government cannot be trusted to do the right thing at the right time.

According to Professor Bolaji Owasanoye, Executive Secretary of the Presidential Advisory Committee Against Corruption (PACAC) at a recent event titled “Tracking Noxious Fund,” a whistle-blower was entitled to between 2.5 per cent and five per cent, provided there was a voluntary return of stolen or concealed public funds. Owasanoye, who was part of the team that drafted the law, argued that “if you blow the whistle and it is below N500m, you get four to five per cent because the higher the amount that is recovered, the lower the percentage that is given. This is the global best practice. If the recovery is between N500m and N1bn, you get three to four per cent. If it is N1bn and above, it is 2.5 per cent.”

Given such declaration by PACAC that has been pushing the policy, some of the pertinent questions that arise are: If the policy is this clear, why are there so many discordant tunes between and among the agencies of government, PACAC inclusive? Why is there a sharp dispute over the percentage to be paid to the Ikoyi whistle-blower? What is causing the delay in paying the person within one month as stipulated in the law?

More importantly, what led to the damaging insinuations in some quarters that the whistle–blower was insane and might not be able to manage the windfall? Equally troubling is the deluge of “whistle-blowers” now laying claim to the money: Was this not supposed to be a discreet operation? Why is paying the informant a media event? Is the EFCC not aware of the identity of the informant? With all the information in the media, is it not possible that one day, the informant will be named and exposed, with all the risks and dangers? Why is the whistle-blower subjected to all these ordeals? Besides, was the Ikoyi money really looted from the treasury and if yes, why is nobody on trial for such a misdeed and if no, who is responsible for a situation in which government is giving away such huge money?

Aimed at enhancing accountability and transparency in the management of public funds, the whistle-blower policy was introduced by the Buhari administration which is overly concerned about curbing corruption in public places. It was a policy greeted with enthusiasm by the people, many of whom are victims of the vicious cancer of corruption and which manifests in contract inflation, embezzlement of salaries and pensions, diversion of funds meant for infrastructure, and related issues.

At the last count, hundreds of billions of naira had reportedly been recovered through the policy, monies which the government has pledged to deploy in the renewal of infrastructure. But since nobody is certain about anything concerning this government that believes in substituting propaganda for substance, the public is getting increasingly cynical about what they are told on looted money. But beyond that, the insincerity in keeping to its words may be doing incalculable damage to the administration that is already weighed down by many negatives.

The federal government must therefore do more to rekindle public trust in a policy that is fast becoming another administrative tool that is subject to the whims and vagaries of the men of power.

Previous Post

Good news – The Nation

Next Post

Buhari: Act on #EndSARS campaign now – Punch

Related Posts

Waste crisis in states – Punch
Public Affairs

Waste crisis in states – Punch

June 17 2026
Party primaries of discontent – Punch
Public Affairs

Party primaries of discontent – Punch

June 15 2026
The reign of kidnappers – Thisday
Public Affairs

The reign of kidnappers – Thisday

June 11 2026
Foreigners looting national assets intolerable – Punch
Public Affairs

Foreigners looting national assets intolerable – Punch

June 10 2026
Public Affairs

Violence deepens, Tinubu must act – Punch

June 9 2026
Nigerian workers deserve a living wage – Punch
Public Affairs

Nigerian workers deserve a living wage – Punch

June 8 2026
Next Post
#EndSARS campaign: Police IG orders immediate re-organisation of SARS unit

Buhari: Act on #EndSARS campaign now - Punch

Denmark considers desert islands for failed asylum seekers

Denmark considers desert islands for failed asylum seekers

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

by The Editor
June 4 2026
0

...

Ondo LG shuts schools over security concerns

Ondo LG shuts schools over security concerns

by The Editor
June 2 2026
0

...

APPOINTMENTS

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

by The Editor
June 9 2026
0

...

Pres. Tinubu swears in two new ministers

Pres. Tinubu swears in two new ministers

by The Editor
June 8 2026
0

...

Tinubu appoints Zainab Marwa into NDDC Board

Tinubu appoints Zainab Marwa into NDDC Board

by The Editor
June 4 2026
0

...

ODDITIES

Auto Draft

Bandits kill Katsina businessman after N5m ransom payment

by The Editor
June 17 2026
0

Air Force officers beat Lagos driver to death after minor crash

Air Force officers beat Lagos driver to death after minor crash

by The Editor
June 16 2026
0

Judgement on filming police deepens freedoms – Punch

Police arrest pregnant woman for supplying logistics to Abuja kidnappers

by The Editor
June 15 2026
0

GLOBAL NEWS

Fear heightens as deadline for migrants to leave South Africa looms

Fear heightens as deadline for migrants to leave South Africa looms

by The Editor
June 17 2026
0

...

Somaliland opens Jerusalem embassy after Israel’s recognition of independence

Somaliland opens Jerusalem embassy after Israel’s recognition of independence

by The Editor
June 17 2026
0

...

UK bans U-16s from social media

UK bans U-16s from social media

by The Editor
June 15 2026
0

...

US B-52 bomber crashes after take-off from base

US B-52 bomber crashes after take-off from base

by The Editor
June 15 2026
0

...

Iran dismisses idea of Trump meeting supreme leader

Iran, US agree to halt war, reopen Hormuz

by The Editor
June 15 2026
0

...

State of the States

Lagos shuts Iddo Bridge for repairs

Lagos shuts Iddo Bridge for repairs

by The Editor
June 17 2026
0

...

Kano closes schools for Eid-el-Kabir

Islamic New Year: Kano declares Tuesday public holiday

by The Editor
June 15 2026
0

...

Kinsmen honour Gov. Mbah at grand reception

Kinsmen honour Gov. Mbah at grand reception

by The Editor
June 15 2026
0

...

Kano govt budgets N1.5bn for mass wedding

Kano govt budgets N1.5bn for mass wedding

by The Editor
June 15 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

June 17 2026
FG rules out fuel, telecom taxes despite IMF recommendation

FG rules out fuel, telecom taxes despite IMF recommendation

June 17 2026
FG to establish GBV safe spaces in 774 LGs

FG to establish GBV safe spaces in 774 LGs

June 17 2026
DR Congo earn historic World Cup point, hold Ronaldo’s Portugal to 1-1 draw

DR Congo earn historic World Cup point, hold Ronaldo’s Portugal to 1-1 draw

June 17 2026

EDITORIAL REVIEW

Waste crisis in states – Punch

Waste crisis in states – Punch

by The Editor
June 17 2026
0

Party primaries of discontent – Punch

Party primaries of discontent – Punch

by The Editor
June 15 2026
0

The reign of kidnappers – Thisday

The reign of kidnappers – Thisday

by The Editor
June 11 2026
0

Foreigners looting national assets intolerable – Punch

Foreigners looting national assets intolerable – Punch

by The Editor
June 10 2026
0

Violence deepens, Tinubu must act – Punch

by The Editor
June 9 2026
0

Opinion

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 1 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.