The Minister of Finance, Kemi Adeosun, has said that the whistleblower who provided the tips that led to the recovering stashed away funds in a property in Ikoyi, will be paid this month.

While speaking on Sunday in a statement by her spokesman, Oluyinka Akintunde, Adeosun revealed that the Federation Government has paid all whistleblowers.

Adeosun said:

“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.

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“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 Economic and Financial Crimes Commission, EFCC had quoted its Acting Chairman, Ibrahim Magu, as saying in Vienna, Austria that the whistleblower had become a millionaire, giving the impression that he had been paid.

However, the whistleblower lawyer, Yusuf Galadima said his client was yet to be paid, with another development that he had been detained on three occasions by security agents.

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The Whistleblower Policy was introduced in December 2016 by the Federal Government as part of the initiatives to wage war against corruption.

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