HomeNewsMaina demands whistleblower...

Maina demands whistleblower fee for ₦1.3 trillion recovered by EFCC

Maina demands whistleblower fee for ₦1.3 trillion recovered by EFCC

 

Former Pension Reform Task Team (PRTT) official, Abdulrasheed Maina, has reportedly demanded his whistleblower fee following the recovery of ₦1.3 trillion in misappropriated funds traced to pension fraud by the Economic and Financial Crimes Commission (EFCC).

Sources said Maina claimed entitlement to the reward after providing crucial information that led to the tracing, seizure, and repatriation of the massive sum, which was allegedly diverted by unscrupulous actors over several years.

The whistleblower fee, which is usually a percentage of recovered funds as stipulated under Nigeria’s Whistleblower Protection Policy, is intended to encourage the public to assist in the recovery of looted public funds. Maina’s claim has reignited discussions on the administration of recovered funds and the transparency of whistleblower payments.

READ ALSO: President of Political Science Association in Nigeria, Prof. Okolie advocates safety of whistleblowers

EFCC spokesmen confirmed the recovery but said that the process of verifying the whistleblower’s entitlement is ongoing. “We are reviewing claims in accordance with the law to ensure compliance and fairness,” the commission stated.

Legal experts note that whistleblower claims in cases involving trillions of naira can take time to process due to verification requirements and coordination with other government agencies, including the Office of the Accountant General of the Federation and the Federal Ministry of Finance.

The development underscores Nigeria’s ongoing efforts to tackle pension fraud and other forms of large-scale financial crimes while balancing incentives for insiders to provide actionable intelligence.

Follow the Neptune Prime channel on WhatsApp:

Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com

Get notified whenever we post something new!

spot_img

Continue reading

Eid-el-Kabir: Troops intensify security operations across North-East, warn of possible terror threats

Eid-el-Kabir: Troops intensify security operations across North-East, warn of possible terror threats The Headquarters Joint Task Force (North East), Operation HADIN KAI (OPHK), has assured residents of adequate security ahead of the Eid-el-Kabir celebrations, saying extensive measures have been put...

29 year old Graduate found dead in Canal after leaving home

29 year old Graduate found dead in Canal after leaving home A 29-year-old Sociology graduate of Kogi State University, identified as Blessing Moshood, was allegedly murdered last Thursday night, with her body later discovered in a canal in Jikwoyi. Speaking with...

Gideon Gwaza Orka, the 1990 coup attempt and the execution of forty-one other military officers

Gideon Gwaza Orka, the 1990 coup attempt and the execution of forty-one other military officers Gideon Gwaza Orkar was born on 4 October 1952 and became one of the most controversial figures in Nigeria’s military history. He is remembered for leading...