Reacting to the issue of the whistleblower of the Ikoyi loot, Adeosun, in a statement in Abuja, on Sunday, said the ministry had in place, detailed procedures for processing payments due under the Whistle-blower Policy.
The procedures, she said, were designed to prevent abuse and legal disputes and to ensure the 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,” the statement read.
The minister reiterated that the Whistle-blowing Policy of the Federal Government remained one of the successful initiatives of the administration, adding that government was fully committed to ensuring that all those who responded to the policy and partnered with the government in the recovery effort were paid in full and, most importantly, had their identities protected.
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