FG Will Protect, Reward Whistle-blowers, Minister reassures

Lagos, March 19, 2017 (TNE):The Federal Government will protect and reward whistle-blowers who
provide information that leads to the recovery of stolen funds or assets, the Minister of Information and Culture, Alhaji Lai Mohammed, has reassured.

In a statement issued in Lagos on Sunday, and signed by his Special Assistant, Mr Segun Adeyemi,  the Minister said the Federal Government would protect the identity of all whistle-blowers, whether in the public or the private sector, and also ensure that the information they provide was kept secret.

”For those who may have suffered any backlash as a result of the information they provide, their cases will be reviewed and appropriate mitigating actions taken,” he said.

Alhaji Mohammed said the re-assurance followed the presentations made to the Presidential Assets Recovery Committee by concerned citizens and groups about the safety of whistle-blowers.

”Whistle-blowers have nothing to fear, because the committee has put in place the necessary measures to safeguard those who give useful information. As a matter of fact, whistle-blowers have everything to gain and nothing to lose,” he said.

The Minister restated that  any whistle-blower whose information could lead  to the recovery of up to 1 billion Naira would  receive 5 percent  of the amount; that the reward for any amount between 1 and 5 billion Naira would be 5 percent for the first 1 billion Naira and 4 percent of the remaining 4 billion Naira, and that any amount over 5 billion Naira would attract 2.5 percent reward.

”For example, if a whistle-blower provides information leading to the recovery of 10 billion Naira, he or she will receive 5 percent of the first 1 billion Naira, 4 percent of the next 4 billion Naira and 2.5 percent  of the remaining 5 billion Naira.

”What we have done by making this information public is to reassure potential whistle-blowers that the plan to reward is real. We are not just saying we will pay all whistle-blowers, but we are letting them
know in advance what they are entitled to, once the information they provide leads to the recovery of looted funds,” he said. (TNE)

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