Trending News

Blog Post

FG Set to Pay Ikoyi Whistle blower N421m This Week
News

FG Set to Pay Ikoyi Whistle blower N421m This Week 

 15 Total Views

After much noise on the compensation of Ikoyi whistle-blower that provided information leading to the recovery of the N13bn Ikoyi loot, finally he will receive his commission this week, investigations have revealed.
The Minister of Finance, Mrs. Kemi Adeosun, had two weeks ago said that the Federal Government would pay the sum of N421,330,595 to only one individual identified for providing information that led to the recovery of the alleged stolen funds hidden in a flat at the Osborne Towers, Ikoyi, Lagos.
Reports shows all the administrative procedures needed for the release of the fund had been concluded, noting that before the end of the week, the money would be released.
According to the Federal Government’s whistle-blower policy, informants in such cases are eligible to receive between 2.5 per cent and 5 per cent of any recovered money.
Several persons have so far laid claims to providing information that led to the recovery of the huge Ikoyi fund.

Related posts

Leave a Reply

Required fields are marked *