Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay, says that the Federal Government’s whistleblowing policy has resulted to N594.09bn recovery in less than three (3) years of its inception.

He spoke on Wednesday, March 4th, 2020 in Abuja at a two-day roundtable meeting, jointly organised by the African Centre for Media and Information Literacy, the PACAC and the MacArthur Foundation, themed “Entrenching Whistleblowing in Regulatory and Revenue-Generating Agencies”.

He also disclosed that the policy recorded seven hundred and ninety one (791) cases of infractions from “actionable tips” in the same period. He said that the policy had been very successful with regards to assets recovered and by disclosure of the magnitude of numerous scams used by fraudulent Nigerians in bleeding the country’s purse.

As at November 2019, less than three years after the introduction of the policy, the Federal Government had recovered N594.09bn from the implementation of the policy,

Sagay said.

He said:

Some Nigerians living abroad, particularly in the USA, have suggested that the whistle blower’s policy should be operated abroad in order to expose Nigerians who loot our funds, and then launder them abroad by buying expensive properties in the name of their relatives living or studying abroad.

According to those pushing this proposal, some former governors transferred public funds abroad and used them to purchase expensive and luxurious properties in the names of their relations residing in the foreign country concerned.

Justin Nwosu

Justin Nwosu is the founder and publisher of Flavision. His core interest is in writing unbiased news about Nigeria in particular and Africa in general. He’s a strong adherent of investigative journalism, with a bent on exposing corruption, abuse of power and societal ills.