Loot Recovery: Whistleblowers Have Nothing to Lose- Lai Mohammed

The Buhari-led administration through the Minister of Information and Culture, Alhaji Lai Mohammed has reassured prospective whistle blowers of the attending financial benefits and pledged protection for them.

According to Mohammed, any whistle-blower whose information leads to the recovery of up to 1 billion Naira will receive 5 per cent of the amount and if up to 5billion, such person will receive 4 per cent of the remaining 4 billion Naira. Any amount over 5 billion Naira will attract 2.5% reward.

In his words, ”For example, if a whistleblower provides information leading to the recovery of 10 billion Naira, he or she will receive five per cent of the first one billion Naira, four per cent of the next four billion Naira and 2.5 per cent of the remaining five billion Naira.

”What we have done by making this information public is to reassure potential whistle-blowers that the plan to reward is real. We are not just saying we will pay all whistle-blowers, but we are letting them know in advance what they are entitled to, once the information they provide leads to the recovery of looted funds.

”Whistleblowers have nothing to fear, because the committee has put in place the necessary measures to safeguard those who give useful information. As a matter of fact, whistle-blowers have everything to gain and nothing to lose,”

”For those who may have suffered any backlash as a result of the information they provide, their cases will be reviewed and appropriate mitigating actions taken.

”Whistleblowers have nothing to fear, because the committee has put in place the necessary measures to safeguard those who give useful information. As a matter of fact, whistle-blowers have everything to gain and nothing to lose”