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.
Adeosun had said N421,330,595 would be paid to the
legitimate informant.
A senior official in government told our correspondent that
a directive for the release of the fund had been issued by Adeosun.
The source said 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.
The source said, “The money for the payment of the Ikoyi
whistle-blower is ready and that money is ready for release this week.
“A directive has already been issued that the money should
be released to the whistle-blower and that will be done before the end of the
week.”
The Director of Information in the finance ministry, Mr.
Salisu Dambatta, could not be reached for comments as calls and a text message
sent to him did not go through.
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.
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