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.
Heritage Bank promotes creative industry with support for “Rita Dominic Acting Challenge
1,557 Total Views Heritage Bank Plc has further reiterated its commitment to the growth and development of the creative and entertainment…
Petrol tankers supply increase from 550 to 1,660 to Tackle Fuel Queues -NNPC
2,270 Total Views The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the…