FG okays 5% of recovered loot for whistleblowers

  |   Nigeria News

The Federal Executive Council on Wednesday approved the Ministry of Finance Whistleblowing Programme that may see individuals, who voluntarily volunteers credible information on stolen or concealed funds, smiling home with between 2.5 per cent and five per cent of the funds when recovered.

The Minister of Information and Culture, Alhaji Lai Mohammed; Minister of Finance,Mrs. Kemi Adeosun; and the Minister of Power, Works and Housing,Mr. Babatunde Fashola, briefed State House correspondents at the end of the meeting presided over by President Muhammadu Buhari.

She said, “If there is a voluntary return of stolen or concealed public funds or assets on the account of the information provided, the whistleblower may be entitled to anywhere between 2.5 per cent (minimum) and 5.0 per cent (maximum) of the total amount recovered.

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