Over 20 whistleblowers paid for money recovered – Minister

Updated November 12, 20171 Mins read304

Over 20 whistleblowers have been paid by the federal government for providing information leading to the recovery of funds.

The Minister of Fiance, Mrs Kemi Adeosun disclosed this on Sunday while responding to the complaint of non-payment by the whistleblower on the money recovered in Ikoyi, Lagos.

The Federal Government said it has not withheld any fund due to any whistleblower.

A from the federal ministry of finance signed by Yinka Akintunde Special Adviser to the Honourable Minister of Finance, said “the Ministry has in place detailed procedures for processing payments due under the Whistleblower Policy. The procedures were designed to prevent abuse and legal disputes and to ensure protection of the information providers.”

These procedures he said “include an application by the agency who recovered the funds including evidence of the recovery, confirmation that there are no pending legal issues on the recovery, verification of the identity of the information provider, calculation of the amount payable and computation of relevant taxes.”

‘Payments are made in monthly batches to ensure control and to protect the identity of information providers. To date, over 20 of such persons have been paid.”

Akintunde added that “from available records, the payment due on Ikoyi is among those being processed in the November batch, which will be released within the current month.”

The Minister of finance reiterated that “the Whistleblowing Policy of the Federal Government remains one of the current Administration’s successful initiatives and that the Government is fully committed to ensuring that all those who responded to the policy and partnered with Government in the recovery effort are paid in full and most importantly have their identity protected.”

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