Sunday, April 16, 2017

"$43 Million In Cash Found In Empty Nigerian Apartment"

The anti-corruption unit redundantly added that according to "preliminary findings the funds are suspected to be proceeds of unlawful activity" although no arrest have been made yet. Earlier in the week, the agency discovered around 250 million naira in cash ($817,000) in a Lagos market and a further 448 million naira cash ($1.5 million) at a shopping plaza.

These gains have been credited to a whistleblowing policies launched in December by Nigeria's finance minister. Whistleblowers can now anonymously provide information through a secure portal, if the information leads to the recovery of stolen public funds, the whistleblower is entitled to between 2.5%-5% of the total money recovered.


It was unclear how much of the funds were Saudi kickbacks to the Niger Delta Avengers for singlehandedly keeping the price of oil levitating for several months in 2016.