Across Nigeria Main News News Reports Whistle Blower

Whistle-blower policy: FG recovers N42bn loot from bank account with fake name

Minister of Information and Culture, Alhaji Lai Mohammed

The Federal Government said on Sunday that its whistle-blower policy had started yielding fruits.

It said the policy had so far led to the recovery of over $151m (N46bn) and N8bn in looted funds.

The Minister of Information and Culture, Alhaji Lai Mohammed, stated this in a statement.

The minister said the looted funds, which did not include the $9.2m in cash allegedly owned by a former Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Andrew Yakubu, were recovered from just three sources through whistle-blowers who he said gave actionable information to the office of the Minister of Justice and Attorney General of the Federation, Mr. Abubakar Malami(SAN).

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