Whistle-blower policy yields N123bn - Adeosun

Whistle-blower policy yields N123bn - Adeosun

- The minister of finance, Kemi Adeosun has considered the whistle-blower policy as a success in the fight against corruption

- Adeosun said the whistle-blower policy is aimed at improving institutional governance and strengthening mechanisms for the fight against corruption

- She disclosed that the government will continue to work with all stakeholders to improve the effectiveness of the policy

The minister of finance, Kemi Adeosun, on Sunday, April 15, disclosed that the whistle-blower policy of the federal government has yielded about N123 billion.

Adeosun, who spoke at an evaluation workshop on the whistle-blower policy and asset tracing team organised by the presidential advisory committee against corruption in Abuja said the federal government had received 8,373 enquiries and 1,231 tips since the policy was introduced in 2016.

The Nation reports that she also said federal government was planning to review the whistle-blower policy to make it more effective.

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According to her, ''The whistle-blower policy is aimed at improving institutional governance, strengthening mechanisms for the fight against corruption and supporting the implementation of open government partnership principles in advancing anti-corruption reforms.

''Government will continue to work with all stakeholders to improve the effectiveness of the policy while required institutions and tools to achieve the objectives would be put in place.

''The team is made up of representatives from the office of the attorney-general and all investigative agencies.

''Is to centralise the tracking, management and maintenance of all recovered non-cash assets in the custody of the federal government, monitor the disposal of assets under final forfeiture to the federal government by the court.''

“Would stem general loss of value, including the depreciation of motor vehicles and loss of rental income from high value properties recovered.”

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Also speaking at the occasion, the chairman of the Presidential Advisory Committee Against Corruption (PACAC), Itse Sagay said that not all whistle-blowers will get five per cent of recovered sum.

According to him, the reward could be as low as one per cent of what is recovered, depending on the amount.

He said: ''One controversial issue in the policy is the question of remuneration. The public seems to be fixated on five per cent. But in fact, five per cent is the maximum. It can be as little as one per cent, depending on the amount of money involved. It could be slightly more if it is an extremely large amount.”

Meanwhile, Legit.ng had reported that the President Buhari administration was considering strengthening the whistle-blower policy considering its success in the fight against corruption.

Garba Shehu, the senior special assistant to the president on media and publicity spoke on Wednesday, April 19 saying it has boosted the anti-corruption crusade championed by President Buhari.

He said: ''The government is considering empowering the mechanism by either bringing it under the Presidential Advisory Committee Against Corruption, or some other body to imbue the process with a strategic national purpose.''

Adesua Etomi, Kemen, Klint Da Drunk, others wade into whistle blowing trend - on Legit.ng TV:

Source: Legit.ng

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