The Chairman, EFCC, Abdulrasheed Bawa stated this in Awka, the Anambra State capital, on Thursday, at a one-day town hall meeting.
The programme facilitated by the African Centre for Media and Information Literacy, centred on strengthening the capacity of stakeholders on whistleblowing policy.
Bawa was represented by the Zonal Commander, EFCC, Enugu, Oshodi Johnson.
The EFCC chairman pointed out that at the beginning of the whistleblowing policy, the commission received huge information which, according to him, led to the recovery of “humongous” stolen public funds.
He disclosed that two of the landmark recoveries from whistleblowers’ information were the $9.8m recovered from a former Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu, and the $11m recovered at an apartment in Osborne Towers, Ikoyi, Lagos.
He wondered why the sudden decline and the reason behind it.
He listed challenges undermining the policy effectiveness to include ignorance of its legal and administrative frameworks as well as difficulties in navigating the complex bureaucratic processes for claiming the advertised incentives.
He said, “It is also not impossible that the few false informants who were prosecuted for wanting to turn a serious programme to memes, unnerved some other would-be informants.
“Whatever the challenges are, it is imperative that there is a fresh awakening to sustain the flow of critical intelligence to Nigerian law enforcement agencies.
“Recall almost with some sense of nostalgia, how a few years ago, precisely on December 21, 2016, the Federal Government introduced the Whistle-blower Policy, which offered some incentives to citizens that provide information leading to the recovery of stolen public funds.
“It was heralded by a frenzy of sorts with a deluge of information by informants, some of which led to the recovery of humongous sums of money by the EFCC.
“Two of the landmark recoveries from whistleblowers’ information were the $9.8m recovered from a former managing director of the Nigerian National Petroleum Corporation, Mr Andrew Yakubu, and the $11m recovered at an apartment in Osborne Towers, Ikoyi, Lagos.
“After these landmark recoveries and a few others and notwithstanding the fact that those who came forward with useful information received handsome rewards, enthusiasm for the policy appears to have waned a bit.
“It would seem that the policy is experiencing challenges that tend to undermine its effectiveness. Several factors may be responsible for this. But to my mind, the most obvious is lack of adequate understanding of the legal and administrative frameworks of the policy and the difficulties of navigating the labyrinth of bureaucratic processes for claiming the advertised incentives.”
Bawa pledged the EFCC’s willingness to partner with critical agencies like AFRICMIL and other community-based organisations in strengthening their capacities to identify and quickly report suspected cases of corruption in their communities.
