The Economic and Financial Crimes Commission has clarified remarks credited to its Acting Chairman, Mr Ibrahim Magu, concerning the Ikoyi whistleblower on Thursday.
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.
The informant had provided intelligence that led to the recovery of $43.5m, £27,800 and N23.2m stashed in an apartment on Osborne Towers in Ikoyi, Lagos on April 7.
By the Federal Government’s whistleblower policy that took effect in December, 2016 informants are entitled to between two and five per cent of the looted money they helped to recover.
Uwujaren had quoted the EFCC acting chairman as saying in Vienna, Austria, that the Ikoyi whistleblower was now a millionaire by “virtue of the percentage he is officially entitled to’’.
“We are currently 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 under counseling on how to make good use of the money and also the security implication.