We expect Nat’l Assembly to pass Whistle Blowers Policy to law- Finance Minister
The Minister of Finance, Kemi Adeosun has revealed that the newly introduced whistleblower policy will not apply to state and local governments. The Minister disclosed this to State House reporters after the Federal Executive Council meeting chaired by President Muhammadu Buhari.
According to her, “If there is a voluntary return of stolen or concealed public funds or assets on the account of the information provided, the whistleblower may be entitled to anywhere between 2.5 per cent (minimum) and 5.0 per cent (maximum) of the total amount recovered.”
She added that, the policy’s objective is to increase exposure of financial or financial related crimes; support the fight against financial crimes and corruption; improve the level of public confidence in public entities; enhance transparency and accountability in the management of public funds; improve Nigeria’s Open Government Ranking and Ease of Doing Business Indicators; and recover public funds that can be deployed to finance Nigeria’s infrastructure deficit.
According to the Minister, there will be a secure online portal where information could be submitted.
FEDERAL MINISTRY OF FINANCE WHISTLEBLOWING PROGRAMME
1 – What is the Federal Ministry of Finance Whistleblowing Programme?
It is a programme designed to encourage anyone with information about a violation, misconduct or improper activity that impacts negatively on the Nigerian people and Government to report it.
2 – Who is a Whistleblower?
Any person who voluntarily discloses information in good faith about a possible misconduct or violation that has occurred, is on-going, or is about to occur.
3 – What is the Whistleblowing Portal?
A secure online portal where the information can be submitted. If you have already submitted your information, you can also check the status of your report on the portal.
4 – What type of information can be submitted?
Some examples of information that can be submitted include:
Mismanagement or misappropriation of public funds and assets (e.g. properties and vehicles).
Financial malpractice or fraud.
Collecting / soliciting bribes.
Diversion of revenues.
Fraudulent and unapproved payments.
Splitting of contracts.
Procurement fraud (kickbacks and over-invoicing etc.)
5 – What type of information cannot be submitted?
The programme does not apply to personal matters concerning private contracts or agreements.
6 – How do I submit my information under the Whistleblower Programme?
You can submit your information through the online portal by e-mail or by phone.
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