Science

$43.4m NIA cash: EFCC never said Whistlebower has been paid

The order of the court was sequel to an ex-parte application filed and argued before the court by the Economic and Financial Crimes commission EFCC legal Officer and Mr Rotimi Oyedepo.

However, Uwujaren said; "What Magu said at the 7th Session of the Council of State Parties to the United Nations Convention Against Corruption in Vienna, Austria, was that citizens should be encouraged to embrace whistle blowing because of the incentives attached".

On April 7, EFCC operatives broke into a four-bedroom apartment on Osborne Towers, Ikoyi, and pulled out $43 million, £27,800 and N23 million stashed in a wardrobe.

Spokesman of the commission, Mr Wilson Uwujaren, said in a statement on Friday that Magu never said the whistleblower had been paid his compensation as being insinuated in a section of the media.

"We have written to the President and even to Magu himself and we have yet to get any form of response".

We are now working on the young man because this is just a man who has not seen one million Naira of his own before.

"So he is now undergoing counseling on how to make good use of the money and also the security implications". We don't want anything bad to happen to him after taking delivery of his entitlement. "He is national pride".

"These are part of the ways that we can bring an end to the madness of looting in the public sector".

The company was said to have later converted the sums into N360 million and subsequently paid it to Fine and Country Ltd for the purchase of the property.

The case was adjourned to November 30, 2017. Oke as the owner of the flat. Oke made a cash payment of $1,658,000 for the purchase of the flat between August 25 and September 3, 2015.

The EFCC said it found out that Mrs.

A Nigerian judge on Thursday ordered the seizure of a flat linked to the former head of the country's National Intelligence Agency, after more than $43 million in cash was found during an anti-corruption raid.

The EFCC stated that Mrs.

In the application, the anti-graft agency told Justice Saidu that the funds used to acquire the property belongs to the Federal Government but was fraudulently converted to the use of one Chobe Ventures which was used to acquire the property.

One Oyeama Okonjo, a Director of Fine and country global reality, volunteered statement that after the payment to Fine and country worldwide reality, a deed of assignment in respect of the property was executed between Union bank Plc and Chobe ventures Limited, upon the execution of the deed assignment, the property was handed over to Chobe ventures.



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