Government okays 5% reward to whistle blowers in anti-graft fight

Minister for Finance, Kemi Adeosun PHOTO: SUNDAY AGHAEZE/STATE HOUSE

Minister for Finance, Kemi Adeosun PHOTO: SUNDAY AGHAEZE/STATE HOUSE

The Federal Government yesterday announced a policy, which offers a five percent financial reward to any whistle blower whose information leads to recovery ‎of looted funds and other monies obtained through fraudulent means.

Tagged ‘Whistle Blowing Programme,’ it is aimed at encouraging anyone with information about a violation, misconduct or improper activity that impacts negatively on the Nigerian people and government to report it.

Official reward for whistle blowers will strengthen the fight against corruption by encouraging more Nigerians to identify with government’s efforts in that regard.

The country would have recovered substantial part of the looted funds if similar policy were adopted in effort to recover the Abacha loot running into billions of dollars.

Briefing State House correspondents after a meeting of the Federal Executive Council (FEC) presided over by President Muhammadu Buhari yesterday, Minister of Finance, Kemi Adeosun said if a whistle blowing leads to a voluntary return of stolen or concealed public funds or assets, the blower may be entitled to between 2.5 per cent (minimum) and 5.0 per cent (maximum) of the total amount recovered.

Adeosun who was joined at the briefing by the Minister of Power, Works and Housing, Babatunde Fashola and the Minister of Information and Culture, Lai Mohammed, explained that to qualify for the reward, the whistle blower must have provided the government with information it does not already have and could not otherwise obtain from any other source available to the government.

She further explained that the government had already created a secure online ‎portal where information could be submitted, as well as the facility to check the status of the report on the portal.

Adeosun categorised the information that could be ‎reported to include cases bothering on mismanagement or misappropriation of public funds and assets such as properties and vehicles, financial malpractice or fraud, and collecting or soliciting bribe.

Others are corruption, diversion of revenues, fraudulent and unapproved ‎payments, splitting of contracts, and procurement fraud including kickbacks and over invoicing, among others.

The policy, however, does not apply to personal matters concerning private contracts or agreements.

While assuring of absolute confidentiality on the use of the portal, ‎Mrs. Adeosun said that government employees, agencies, institutional stakeholders and members of the public were also at liberty to avail themselves of the facility.

“You can submit documentary evidence on the portal. You can also provide specific and fact-based information such as what occurred, amount involved, who was involved and dates of the occurrence on the portal.

“Confidentiality will be maintained to the fullest extent within the limitations of the law. If you choose not to disclose your identity, there will be no record of who you are. If you choose to disclose your identity, it will be fully protected.

”If you whistleblow in public-spirit and in good faith, you will be protected. If you feel that you have been treated badly because of your report, you can file a formal complaint. If you have suffered harassment, intimidation or victimisation for sharing your concerns, restitution will be made for any loss suffered.”



2 Comments
  • vincentumenyiora

    [Finance Minister Kemi Adeosun disclosed this to State House reporters after the FEC meeting chaired by President Muhammadu Buhari.

    In order to encourage Nigerians to key into the whistleblowers’ scheme, Adeosun 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.”

    She said the policy devised by her ministry was aimed at encouraging anyone with information about a violation, misconduct or improper activity that impacts negatively on Nigerians and government to report it.]

    Whistle blowers to be rewarded indeed. Before this meeting and pronouncement I had posted my comment on corruption and how to curb it and I mentioned names of those who have copies of my publication and I urged that the persons should find way to discuss with the ADMINISTRATION ON WHAT CAN BE DONE TO EFFECT reforms and the right methods to deal with the crime! I want to urge the Ministry to tell that they did not discuss with these named persons and or with their aides in any form about my comment and in particular my publication! My reason for this inquisition is that what is contained in my publication is repeated and is a lead for the address of the Minister for Finance! And I said also of (hinted at on) what is happening wrongly administrative back stage in Nigeria before now! They should call for my publication – “A Home grown DEMOCRATIC approach …!” and you tell me what you see in the book and or the theme of it! I said earlier that am told that my publications now serve as ‘repository’ for Nigerian government officers – they poch on the contents of the books and threy change the captions here and there so that it does not look close to ehat I have posted but them it leaves the trail!

    Just last week and before now I had urged them to talk with named personalities and this week what is in the book is being aired for the pib;ic – you tell me what you think is happening or happened! And so goes the degree of the culpability in Nigeria – you’re struggling to help as they urged you to do and surprisingly or unfortunately some if the officials try to cash-in on your efforts; am saying is this fair ladies and gentlemen? Already they are suing several of my other solutions one of them is the ‘Option A-4’ and its adjuncts including my correspondence to the President dated 4th June 2015 where part of these solutions are listed and they have not even cared to reply or acknowledge the correspondence! What is surprising is that even as the facts are there the Presidency also aware of these reports or complaints for some inexplicable reasons they keep quite yet they are talking about corruption in Nigeria! Log onto: http://www.virgo-enterprised.com and click on “A Home grown…..!” and you deduce the rest of my experience, folks!

  • vic

    THIS TALKING MACHINE, LOUD MOUTH CHIMPANZEE, SHOULD BE IN THE ZOO NOW THAT COUNTRY IS IN RECESSION.

    SHE IS UNFIT TO DO PROPER FINANCING OF HER OWN HOME.

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