The Minister of Finance, Kemi
Adeosun has revealed when the whistle-blower, who informed the Economic and
Financial Crimes Commission, EFCC, of the N13bn recovered from an Ikoyi
apartment in Lagos would be paid.
Adeosun in a statement issued by
her Special Adviser, Media and Communications, Oluyinka Akintunde, said the
informant would receive his reward this month.
She added that the delay was
caused by the administrative procedures that must be fulfilled before such
funds were released.
The Acting Chairman of the EFCC
had last week stated that the whistle blower is now a millionaire a position
that was swiftly denied by the unidentified informant.
She said, “The attention of the
Honourable Minister of Finance, Mrs . 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.”
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