In News by Oluwaseun Samuel on the 29th, June, 2020

Whistleblowers Solely Get Paid For Recovered Funds And Not For Exposing Suspected Illegitimate Funds- AGF, Abubakar Malami Clarifies

Whistleblowers Only Get Paid For Recovered Funds And Not For Exposing Suspected Illegitimate Funds- AGF, Abubakar Malami Clarifies

Salami

Abubakar Malami

The Legal professional-Normal of the Federation and Minister of Justice, Abubakar Malami, has stated that whistleblowers are solely paid their commissions for recovered funds and never for simply exposing suspected looted funds.

Malami got here out to make this clarification whereas reacting to a letter by one Aliyu Lemu, Esq. purportedly written on June 22 on points revolving across the fee of a whistleblower’s charges.

Lemu in his letter which went viral over the weekend, claimed his consumer, John Okupurhe, had uncovered $1billion (over N387billion) hidden in a financial institution by a Federal Authorities company to the workplace of the Legal professional Normal and was informed that he will probably be paid a fee of the cash whether it is credible.

“Upon establishing that our consumer’s data certified below the whistle-blower coverage, the Workplace of the AGF signed a whistle-blower settlement with our consumer by means of his appointed counsel – Mamman, Maiyaki & Co.

The knowledge supplied by our consumer finally led to the publicity of the hidden/hid funds in Unity Financial institution Plc to the tune of $1,034,515, 000.”

Lemu in his letter, claimed the Workplace of the AGF had not honored its a part of the deal.

Nonetheless, in a press release launched by his media aide, Dr Umar Gwandu, the AGF said that Whistleblowers are solely paid their Fee when the suspected looted funds have been recovered.

“The Workplace of the Legal professional-Normal of the Federation and Minister of Justice needs to make it categorically clear that one doesn’t get fee on account of exposing looted property, however on profitable restoration and lodgment of identical into the designated property restoration account on the Central Financial institution of Nigeria,” he stated

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In keeping with the Minister, the restoration of such funds isn’t solely about exposing the existence of sure property in an account presupposed to have belonged to an company of the federal government.

“It’s about establishing that the funds within the account are looted property or illegitimately warehoused and following that up with precise restoration and lodgment of the funds within the designated Asset restoration account by means of judicial and additional judicial means.

Entitlement to restoration charges is for all intent and functions contingent on lodgment of the purported/uncovered property constituting the topic of restoration into the Federal Authorities Restoration designated Account.

This account is maintained on the occasion of the President on the Central Financial institution of Nigeria and the small print of the account are contained within the engagement letter.

The agreed remuneration shall turn out to be due and payable to the whistle-blower inside thirty (30) days of the receipt of the recovered/looted funds by the Federal Authorities of Nigeria and fee shall be made to the designated/nominated account supplied in writing by the whistle-blower.

If the whistleblower within the circumstances of this case feels strongly that there’s any declare of fallacious doing related to the alleged declare referring to restoration course of, the whistle-blower ought to take into account lodging a criticism with the related establishments of his selection for the matter to be correctly investigated and or take into account a judicial redress within the various”.

The assertion went on to enumerate the process for the engagement of a whistleblower or restoration agent because it pertains to the Workplace of the Legal professional-Normal of the Federation

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“A Proposal is submitted to the Workplace of the Legal professional-Normal of the Federation, a Letter of Engagement is issued to a whistleblower or restoration agent the place the disclosure is assessed to have some prospects of success.

The restoration agent or whistleblower is predicted to inform in writing the acceptance of the engagement.

The restoration agent or whistleblower is predicted, upon acceptance, to not solely hint the property however recuperate identical and have it deposited in a delegated asset restoration account maintained by the federal authorities within the Central Financial institution which is often supplied to the restoration agent in writing”.

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