- The federal government says it is set to pay the whitsleblower who provided tips that led to the recovery of Ikoyi funds
- The FG says it has not with withheld any fund due to any whistleblower
- It said there are procedures which most be followed
The federal government on Monday, November 13 says the whitsleblower who provided tips that led to the recovery of funds stashed away in a property in Ikoyi is next in line to be paid.
Kemi Adeosun, Nigeria's minister of finance made this known while reacting to media reports about payment of the said money.
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She said: "The attention of the honourable minister of finance, Kemi Adeosun, has been drawn to media reports surrounding the payment to a whistleblower, who provided the tips that led to the recovery of funds stashed away in a property in Ikoyi, Lagos state.
"The honourable minister wishes to state unequivocally that the federal government has not withheld any fund due to any whistleblower. 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 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.
"It must be stated also that 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. 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 reiterates 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.
"The whistleblower policy was introduced in December 2016 by the Federal Government as part of the initiatives to wage war against corruption."
Meanwhile, NAIJ.com had earlier reported that the Economic and Financial Crimes Commission (EFCC) clarified remarks credited to its Acting Chairman, Mr Ibrahim Magu, concerning the Ikoyi whistleblower on Thursday.
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Spokesman of the commission, Mr Wilson Uwujaren, said in a statement on Friday that Magu never said the whistleblower had been paid his compensation as being insinuated in a section of the media.
The informant had provided intelligence that led to the recovery of $43.5 million, £27,800 and N23.2 million stashed in an apartment on Osborne Towers in Ikoyi, Lagos on April 7.
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Source: Naija.ng