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FG To Pay N439million To 14 Whistleblowers This Month

The Minister of Finance, Mrs Kemi Adeosun has revealed that over N439million will be paid to about 14 Whistle Blowers who gave out specific tips on Tax evading Companies. Briefing journalists on the state of the economy in Abuja today, the Minister said with the extension of the whistleblowing policy to address tax evasion has yielded into the recovery of N13.8billion from companies who are either evading or underpaying tax to the government.

 

She added the Federal government is set to review the investigative framework of the whistle blowing policy to make its implementation more effective. Our correspondent, Raliat Adenekan reports that the whistlebowing policy introduced in December 2016 by the Federal Government in order to plug leakages and recover stolen monies has received 8,373 enquiries, 1,231tips which has yielded in the recovery of over N7.8billion into the government coffers.

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