Magu reveals how much EFCC has recovered through whistle-blowing policy

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, on Thursday revealed that the agency has recovered about N17bn through the instrumentality of the whistle blowing policy.

Magu made the disclosure during a paper presentation titled “Before Corruption Kills Nigeria,” at the 62nd Award Night of the Nigeria Union of Journalists, NUJ, held at the Ladi Kwali Hall, Sheraton Hotels, Abuja.

Presenting the paper on his behalf by Dr A. Bello, the anti-graft agency Czar said, “Apart from several other recoveries running into several billions of naira, the recent whistle-blower policy, has led to the recovery of N521,815,000, $53,272,747, £122,890, and €547,730 by the EFCC.”

He further reiterated the Commission’s commitment to combating corruption, stressing that the battle against corruption can only be won through the help of the media.

“The EFCC is committed to pursuing its statutory mandate and to rescue the Nigerian state and its people from being killed by corruption. We call on the Media and well meaning Nigerians to join us in this crusade. With the government and people of Nigeria behind the EFCC, we shall surely be victorious,” he added