The Economic and Financial Crimes Commission (EFCC) has offered whistleblowers up to five per cent of recovered assets for credible information that can help the commission recover Nigerian assets allegedly taken abroad.
EFCC Chairman, Ola Olukoyede, disclosed this on Wednesday, August 26, 2026, while speaking at the 43rd International Symposium on Economic Crime in Cambridge, United Kingdom.
Olukoyede urged anyone with useful information about money or other assets allegedly stolen from Nigeria and hidden in foreign countries to come forward.
He said the reward would range between 2.5 per cent and five per cent of the assets recovered as a way of encouraging people to provide information.
The EFCC chairman said the reward could make whistleblowers wealthy if their information leads to the recovery of large assets.
Olukoyede also disclosed that the EFCC had recovered and forfeited cash and assets worth more than $500 million to the Nigerian government since he became chairman of the commission less than three years ago.
He said the recoveries were made possible through investigations, support from the courts and credible information provided to the commission.
Olukoyede also spoke about Nigeria’s use of non-conviction-based asset forfeiture. The process allows authorities to recover assets suspected to be proceeds of crime without waiting for a criminal conviction.
He listed some of the major recoveries made by the EFCC, including an aircraft, a university, estates and houses allegedly linked to proceeds of crime.
According to him, 752 housing units linked to former Central Bank of Nigeria Governor, Godwin Emefiele, had been recovered.
He also said investigations into former Attorney-General and Minister of Justice, Abubakar Malami, led to the identification of 57 properties.
Olukoyede said 48 of the 57 properties had so far been forfeited.
The Cambridge symposium brings together economic crime and anti-corruption experts from different parts of the world. Olukoyede delivered his presentation on the third day of the weeklong event.
