Yakubu Galadima, the lawyer of the whistleblower who informed the Economic and Financial Crimes Commission  (EFCC) of the $43m, N23.2m and £27,800 (N13bn) recovered from an Ikoyi apartment, says his client is considering taking the Federal Government to court for fraud if he is not paid his money soon. Galadima also stated that his client had intentions of relocating from the country due to threats to his life and was suffering from mental trauma.

“My client’s concern is that time is of the essence. The guy wants to relocate from the country. There is no time and his life is in danger. He is jobless at the moment. He is not doing anything right now and in fact he is a burden on me.”

Prior to this

EFCC Chairman Ibrahim Magu had on the sidelines of a conference held in Vienna, Austria stated that the whistle blower was now a millionaire and was being counseled on how to manage the money received. Magu later denied making such a statement.

The EFCC had in April 2017, stormed an apartment on Osborne road, Ikoyi where the money was recovered. Investigations revealed that the apartment belonged to the Mrs Folashade Oke, wife of Ambassador Oke Director General of the Nigerian Intelligence Agency (NIA).  The NIA then claimed the funds recovered where for a covert operation.

The DG was later suspended and then sacked by President Muhammadu Buhari acting on the recommendations of a committee headed by the Vice President to investigate the affair.


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Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com


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