Stella Dimoko Ikoyi Gate: EFCC Says Its Boss Magu Never Said Whistleblower Has Been Paid


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Saturday, November 11, 2017

Ikoyi Gate: EFCC Says Its Boss Magu Never Said Whistleblower Has Been Paid

The Economic and Financial Crimes Commission (EFCC) 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. 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’’.

What Magu said at the 7th Session of the Council of State Parties to the United Nations Convention Against Corruption in Vienna, Austria, was that citizens should be encouraged to embrace whistle blowing because of the incentives attached. To illustrate this, he stated that the gentleman who provided the information that triggered the huge recovery at Osborne Towers in Ikoyi was already a millionaire based on the incentive in the whistle blower policy where information providers are entitled to between 2.5 and 5 per cent of the recovered sum.

Magu never said that the young man has been paid. The commission is not even directly responsible for the payment of rewards to whistle blowers.

However, one Yakubu Galadima claiming to be a lawyer to the whistleblower also reportedly said that the recovered amount “was N17 billion and not the N13 billion being declared’’.

The EFCC spokesman said the exact amount recovered in the Osborne Towers operation was never a subject of controversy as the counting of the money was streamed live. He said the counting was also witnessed by the whistle blower, security at the Towers and representative of the agency which claimed ownership of the money.


*Yes they didnt say they had paid him but they did say that they were counselling him in Anticipation of his collecting the money.


  1. They didn’t even say they were counseling him but that they WILL because the man has never owned up to a million Naira of his own before. But you posted the false report by punch on the blog yesterday even though you had earlier posted what EFCC said about the man.

  2. Warreva!

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  3. They should pay him and stop all the talk like charter boxes. The motivation in all this could have been to be paid immediately. Efcc is overzealous Magu are criminals looking to use people as usual.Mr whistle blower, may God forgive you evil wicked Soul, your mind and life will never know peace. House boy wey no get sense, you will still remain a mumu. Instead of me to whistle blow to EFCC I will walk away. I pray you finally get this money, the wait alone means you are OYO

    1. Blessing your stupidity is glaring for all to see world wide.

  4. Yet they took him to yaba left and start injecting him when he kept on asking for his money abi

  5. Magu is a liar.


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