The Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has warned that there will be dire consequences for those who will want to take advantage of the whistleblowing policy of the Federal Government in the fight against corruption to create mischief.
He, however, revealed that the Commission will treat any information on alleged corrupt practices as confidential and that it will be put into effective use.
Magu stated this at the official unveiling of a whistleblower support initiative christened – Corruption Anonymous (CORA), organised by the African Centre for Media and Information Literacy (AFRICMIL), in Abuja, yesterday.
Represented by the spokesman of the EFCC, Wilson Uwujaren, Magu revealed that the agency has created an environment where those who have information about corrupt practices can approach it to provide information, and that it has developed a watertight mechanism of both reporting and crosschecking of information to prevent the policy from being hijacked by mischief makers.
Magu, however, disclosed that, “since the commencement of the whistle-blower policy, we have received hundreds of actionable tips that led to the cash recoveries of N527, 643,500; $53,222,747; GBP 21,222,890 and Euro 547,730.”