NEWS

Nigeria to give 5% of recovered loot to any whistleblower

The Federal Executive Council yesterday approved a new policy that will see any whistle-blower being rewarded with as much as 5 % of recovered loot. Minister of Finance, Kemi Adeosun, who disclosed this to state house correspondents, said the policy which was devised by her ministry, is to encourage anyone with information about corrupt practices to share it with the government. (more…)

NEWS

James Ibori Released From Uk Prison

The Cable reports that associates of the former governor said the court ruled that Ibori be released before his confiscation trial begins. Vanguard also confirms that the former governor was subsequently released from custody shortly after the ruling. (more…)

NEWS

Beware! I am God’s anointed, Fayose tells EFCC

Ayodele Fayose, governor of Ekiti state, has described himself as “God’s anointed”, warning the Economic and Financial Crimes Commission (EFCC) to come after him at its peril. Fayose said as things are currently, the anti-graft agency cannot prosecute any meaningful fight against corruption. “If they have studied me very well, they would have stopped running after God’s anointed,” read a statement issued on Fayose’s behalf by Lere Olayinka, his spokesman. (more…)