The Federal Government said it recovered over N83 billion, $609 million, and 5.4 million euros in liquid assets between 2017 and 2023 following the introduction of the Whistleblowing Policy by President Muhammadu Buhari’s immediate past administration.
It also disclosed that all recoveries were lodged in the FGN Assets Recovery Account maintained by the Office of the Accountant General of the Federation (OAGF) and domiciled in the Central Bank of Nigeria (CBN).
Director, Presidential Initiative on Continuous Audit (PICA), Ministry of Finance, Yusuf Sule, disclosed yesterday in Abuja at a sensitisation workshop on “The Implementation of the Whistleblowing Policy in Nigeria: Issues, Challenges and Way Forward.”
However, Sule did not mention immovable assets recovered during the review period. Despite glaring challenges, Sule, who unveiled the status report on implementing the Whistleblowing Policy since its inception, stated that some milestones had been recorded.
He said, “Following a helpful tip by a whistle-blower in 2017, EFCC raided and successfully recovered the sums of $ 43.5 million, 27,800 pounds, and N23.2 million in Lagos.”
