Thursday, 22 December 2016

Federal Government okays 5% of recovered loot for whistleblowers.

   The Federal Executive Council has 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, Kemi Adeosun; and the Minister of Power, Works and Housing, Babatunde Fashola, disclosed this to newsmen  at the end of the meeting presided over by President Muhammadu Buhari.
    Adeosun said the programme was designed to encourage anyone with information about a violation, misconduct or improper activity that impacted negatively on Nigerians and government, to report such.
   The minister said the programme would serve as a stop-gap till a bill on the same matter, presently before the National Assembly, was passed into law.


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