Just In: 20 whileblowers gets N375.8m reward from FG

Kemi Adeosun
Minister of Finance

20 whistleblowers, who provided information that led to the recovery of N11.6bn, have received payment from the Federal Government to the tune of N375.8m.

Mr Salisu Dambatta, Director of Information,  in a statement on Wednesday in Abuja, said that the payment was only for recovered assets that had been declared free of legal disputes or litigation by the Attorney-General of the Federation.
He said that in addition, taxes have been removed before final payments to beneficiaries.

“This payment, which is the first under the Whistleblower Policy, underscores the commitment of the President Muhammadu Buhari-led administration in meeting obligations to information providers under the Whistleblower Policy.

“The policy is an essential tool in the fight against corruption.

“The Ministry, therefore, encourages all Nigerians with information on misconduct, violation or improper activity which can impact negatively on Nigeria to report it to the appropriate authority,” he said.

Dambatta said the Whistleblower Policy was recently amended to include the introduction of a formal legal agreement between information providers and the Federal Government.

He said the agreement had already been executed by the Minister of Justice.

He said the amendment was introduced to ensure the protection of the identity of information providers during the payment process.

However, Dambatta declined to reveal the specific recoveries for which the monies were being paid saying that “it may endanger the whistleblowers”.

The Whistleblower Unit is a multi-agency team, resident in Federal Ministry of Finance Headquarters.

It is staffed by secondees from the Economic and Financial Crimes Commission, the Independent Corrupt Practices and Other Related Offences Commission and Department of State Services.

Also, the Nigeria Police Force and Presidential Initiative on Continuous Audit form part of the unit.

The Unit is the first line of response to whistleblower information, where the initial review is undertaken before cases are forwarded to the relevant investigative agencies.

So far, the unit has received 2, 150 communications and 337 tips through its dedicated channels from many patriotic Nigerians, which led to the recovery of substantial assets that were illegally acquired by various individuals.

The primary purpose of the Policy is to support the fight against financial crimes and corruption, promote accountability and enhance transparency in the management of public finances.

NAN