See how much EFCC has recovered through whistle blowing

-EFCC recovers N30 billion naira since the commencement of the whistle blowing policy.

-The agency also promised to protect the privacy of information providers.

The  Economic and Financial Crimes Commission (EFCC), yesterday, disclosed that more than N30 billion looted funds have been recovered since through the whistle blowing policy.

Acting chairman of the anti graft agency, Ibrahim Magu, stated this yesterday at the launch of the whistle-blower support project tagged ‘Corruption Anonymous’ (CORA).

Speaking at the event, Magu promised total confidentiality for those who approach the commission with useful information, promising such information will be put to effective use.

“Since the commencement of the whistle-blower policy, we have received hundreds of actionable tips that led to the following cash recoveries: N527, 643,500; $53,222,747; GBP 21,222,890 and Euro 547,730,” he said.

Speaking further, he said: “I am glad to report that Nigerians have so far been very responsive. We have always treated every tip referred to us with strict sense of responsibility bearing in mind that such undertaking on the part of the whistle-blower is usually a matter of trust and even risk.

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“At the same time, we have been careful not to be used by mischief makers who would want to abuse this process.

“Let me reiterate that just as there is consequence for corruption, there will be consequence for those who want to take advantage of this noble initiative in the fight against corruption to create mischief. We have responded to this possibility by developing a water-tight mechanism of both reporting and cross-checking information.”