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

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

Flamingos: All hail world champions! – Punch
Public Affairs

Flamingos: All hail world champions! – Punch

November 12 2026
FG outlines criteria for N50k cash grant beneficiaries
Public Affairs

Tinubu’s N50,000 relief for the vulnerable – Punch

November 11 2026
There are drug addicts, vagabonds among traditional rulers, says Obasanjo
Public Affairs

13% derivation: Fiscal federalism to the rescue – Punch

November 10 2026
Nigeria’s damning food affordability crisis – Punch
Public Affairs

Nigeria’s damning food affordability crisis – Punch

November 2 2026
Four states hold high-level talks to tackle insecurity
Public Affairs

Boko Haram compounding Nigeria’s case – Punch

October 23 2026
Nigeria’s inflation rate falls to 15.43% in July
Public Affairs

Economic stability must become shared prosperity – Punch

October 22 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

Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

by The Editor
October 23 2026
0

...

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

APPOINTMENTS

Makinde swears in four Oyo permanent secretaries

Makinde swears in four Oyo permanent secretaries

by The Editor
November 10 2026
0

...

Enugu APC releases updated campaign council list

by The Editor
October 31 2026
0

...

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

by The Editor
October 22 2026
0

...

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

ODDITIES

Man stabs neighbor to death over roasted meat

Man stabs neighbor to death over roasted meat

by The Editor
November 5 2026
0

US pastor marries second wife, says monogamy unbiblical

US pastor marries second wife, says monogamy unbiblical

by The Editor
October 26 2026
0

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

GLOBAL NEWS

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

Canada to fast-track permanent residence for 200,000 foreigners in 2027

by The Editor
November 12 2026
0

...

Court overturns gay sex ban in Trinidad & Tobago

Court overturns gay sex ban in Trinidad & Tobago

by The Editor
November 11 2026
0

...

US warns citizens against travel to 23 countries

US warns citizens against travel to 23 countries

by The Editor
November 10 2026
0

...

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

by The Editor
November 2 2026
0

...

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

by The Editor
November 2 2026
0

...

State of the States

Katsina mob kills Customs officer for shooting passenger

Hisbah bans girls’ night hawking in Katsina

by The Editor
November 12 2026
0

...

Kano closes schools for Eid-el-Kabir

Kano governor unveils N50,000 grants for 5,200 women

by The Editor
November 10 2026
0

...

Delta SUBEB denies N13.4bn unspent funds claim

Delta SUBEB denies N13.4bn unspent funds claim

by The Editor
October 31 2026
0

...

Ogun State mulls relocation of communities over gas leak

Ogun State mulls relocation of communities over gas leak

by The Editor
October 23 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
2027: Tinubu repackages 2023 campaign promises in new manifesto

2027: Tinubu repackages 2023 campaign promises in new manifesto

November 12 2026
Katsina mob kills Customs officer for shooting passenger

Hisbah bans girls’ night hawking in Katsina

November 12 2026
Flamingos: All hail world champions! – Punch

Flamingos: All hail world champions! – Punch

November 12 2026
Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada to fast-track permanent residence for 200,000 foreigners in 2027

November 12 2026

EDITORIAL REVIEW

Flamingos: All hail world champions! – Punch

Flamingos: All hail world champions! – Punch

by The Editor
November 12 2026
0

FG outlines criteria for N50k cash grant beneficiaries

Tinubu’s N50,000 relief for the vulnerable – Punch

by The Editor
November 11 2026
0

There are drug addicts, vagabonds among traditional rulers, says Obasanjo

13% derivation: Fiscal federalism to the rescue – Punch

by The Editor
November 10 2026
0

Nigeria’s damning food affordability crisis – Punch

Nigeria’s damning food affordability crisis – Punch

by The Editor
November 2 2026
0

Four states hold high-level talks to tackle insecurity

Boko Haram compounding Nigeria’s case – Punch

by The Editor
October 23 2026
0

Opinion

NAFDAC mops up Europharm products nationwide

What is a Nigerian’s life worth?

by The Editor
November 2 2026
0

...

Blackouts: Broken promises, powering failure – Punch

The revenge of Band A

by The Editor
October 27 2026
0

...

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 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.