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Nairaland Forum / Nairaland / General / Politics / Ikoyi Whistle Blower Drags Efcc To Court (304 Views)
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Ikoyi Whistle Blower Drags Efcc To Court by kunzeal: 8:21am On Nov 28, 2017 |
The whistle-blower, Abdulmunmini Musa, who reportedly provided the information leading to the seizure of $43m, N23.2m and £27,800 (N13bn) from an apartment in Ikoyi, Lagos state , » has sued the Economic and Financial Crimes Commission (EFCC). Also joined in the suit filed at the Federal High Court, Abuja, are the Federal Ministry of Finance, and the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN). According to reports, Musa had earlier rejected the N325million » offered to him by the Federal Government, insisting on his five percent commission of N860m. Whistle blower policy The Federal Government had promised to pay anyone who provides information that leads to the recovery of over N1b, will get a commission of five percent. According to Prof. Bolaji Owasanoye, the Secretary of the Presidential Advisory Committee Against Corruption, who was part of the team that drafted the whistle-blower policy, “If you blow the whistle and the government recovers cash, you are entitled to between 2.5 per cent and five per cent. The maximum limit is five per cent. “According to the policy, 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 (commission). If it is N1bn and above, it is 2.5 per cent. Indeed, there is a clause that we included in the policy to say that the government may determine the amount to be awarded based on other criteria provided that the amount to be awarded doesn’t exceed five per cent. In other words, the government may actually pay less than 2.5 per cent but nobody can be paid more than five per cent.” Read full article at www.olubamznews.com/2017/11/ikoyi-whistle-blower-drags-efcc-to-court.html?m=1 |
Re: Ikoyi Whistle Blower Drags Efcc To Court by Slayer2: 8:30am On Nov 28, 2017 |
I have a feeling they might soon assassinate this guy. Snitches never have a happy ending. 1 Like |
Re: Ikoyi Whistle Blower Drags Efcc To Court by Mynd44: 8:40am On Nov 28, 2017 |
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