By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Monday, Aug 10, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Breaking NewsHot NewsNationalPolitics

Ikoyigate: Whistleblower Rewarded, Turns Millionaire

Wisdom Nwedene
Last updated: November 10, 2017 6:06 am
By Wisdom Nwedene
Share
2 Min Read
6233199 img20170415082936 jpeg6871a0f7f78cbc74d54e8c3134d7d572
SHARE

THE whistleblower who blew the whistle of the recovered $43 million stashed at flat 7b of Osborne Towers, Ikoyi, Lagos is now a millionaire.

Ibrahim Magu, the acting chairman of Economic and Financial Crimes Commission reportedly stated this in Vienna, Austria, on Thursday, spokesman of the EFCC, Mr Wilson Uwujaren, said in a statement.

He said the whistleblower has been officially compensated.

Earlier in April, operatives of the anti-graft agency broke into a four-bedroom apartment on Osborne Towers,and pulled out $43 million, £27,800 and N23 million stashed in a wardrobe.

A Federal High Court sitting in Lagos ordered the final forfeiture of the money to the Federal Government on June.

Uwujaren quoted Magu as saying that the whistle blower was already a millionaire by virtue of the percentage he was officially entitled to.

NRS highlights Economic Gains under Tinubu
Tinubu goes from Home to Office on Foot  — NRS Chairman Adedeji 
Nigeria to host African Nations League, CAF Awards
CHILD PROTECTION UNDER PRESSURE

“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.

“We don’t want anything bad to happen to him after taking delivery of his entitlement. He is a national pride”, he said.

The EFCC boss called on Nigerians who want a positive change in the country to take advantage of the whistle blowing policy announced by the government early this year.

He noted that aside from contributing to the eradication of corruption, potential whistle blowers also stood to “benefit from the illicit acquisition by the looters”.

“So, we encourage more whistle blowers to come forward with genuine information that will lead to recoveries from looters of public treasuries.

“That is part of the ways we can put an end to the looting madness in the public sector.

“When they know that they have no place to keep the loot, as all eyes are on them, they will find looting of public treasuries unattractive, ” Magu reportedly said.

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article Idris Okuneye known as Bobrisky Bobrisky Is Back Online After His Arrest & Spending A Night In Police Custody (See What He Just Posted)
Next Article PRESIDENT BUHARI PRESIDES OVER FEC 1 e1504120717894 We Have Started Restructuring The Country – Buhari
Search
– Advertisement –
Latest News
  • NRS highlights Economic Gains under Tinubu August 10, 2026
  • Tinubu goes from Home to Office on Foot  — NRS Chairman Adedeji  August 10, 2026
  • Mass wedding: Kano govt spends N1.5bn for 1,500 indigenous couples August 9, 2026
  • Nigeria to host African Nations League, CAF Awards August 9, 2026
  • Italy-based businessman arrested with 98 cocaine wraps in Enugu August 9, 2026
  • Atiku’s Aide Fires Back at Obasanjo Over Alleged Impeachment Plot August 9, 2026
  • Plateau Police arrest 19-year-old over armed robbery, recover stolen motorcycle August 9, 2026
  • INEC Extends Deadline for 2027 Governorship, Assembly Candidates August 9, 2026
  • 2027: INEC Shifts Deadline for Governorship, State Assembly candidates’ lists August 9, 2026
  • Nigerian Media Practitioner Gidado Shuaib named IPRA–UN Youth Representative August 9, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

IMG 5490
SportsKaduna

Kaduna Demolishes 60-Year-Old Stadium

August 8, 2026
Ayodele Fayose
Nigeria NewsElectricity

Lack of Electricity doubles Nigeria’s population — Fayose

August 8, 2026
IMG 5461
NationalNigeria News

Osun 2026: Dele Momodu warns Adeleke, raises alarm over Election Credibility

August 8, 2026
NGX Exchange Identity
BusinessNational

NGX has created up to 900,000 Millionaires in Nigeria — Temi Popoola

August 8, 2026
Screenshot 20260807 231221 2
Latest NewsNational

Governor Abba Yusuf Approves N300m For Hisbah Mass Wedding

August 7, 2026
IMG 20260805 WA0019
Latest NewsBorno

UNIMAID alumni visits varsity, meets VC, officials and students

August 7, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • The Love of God
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d