FG to start giving 5% of recovered loot to any whistleblower.

The Federal Executive Council yesterday approved a new policy that will reward any whistleblower a 5% of the recovered loot.

The Minister of Finance, Kemi Adeosun, disclosed this to the state house correspondents, said the policy which was devised by her ministry, is to encourage anyone with information about corrupt practices to share it with the government with efficiency.

According to her, the policy is aimed at the following:

increasing exposure of financial related crimes,
supporting the fight against financial crimes and corruption,
improving level of public confidence in public entities,
enhancing transparency and accountability in the management of public funds,
improving Nigeria’s Open Government Ranking,
Ease of Doing Business Indicators as well as
recovering public funds that can be deployed to finance Nigeria’s infrastructure deficit.

Adeosun added that vital information that can be sent in for investigation includes:

mismanagement or misappropriation of public funds and assets (e.g. properties and vehicles),
financial malpractice or fraud,
collecting/ soliciting bribes;
corruption;
diversion of revenues,
fraudulent and unapproved payments;
splitting of contracts,
procurement fraud (kickbacks and over-invoicing etc.)

Responding to a question on whether a whistleblower will be rewarded financially, she said:

"It depends. 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% (minimum) and 5.0% (maximum) of the total amount recovered. You must have provided the government with information it does not already have and could not otherwise obtain from any other publicly available source to the Government."

Credits: LIB.

Comments

Kidnappers, caught and stripped at Epe/Itokin road and a beautiful lady happened to be amongst... (explicit pics).

This was sent to me on whatsapp though... Some alleged kidnappers in the Epe area of Lagos were caught just as they were trying to get away with their crime yesterday. it was alleged that the criminals consisting of one female and two men were apprehended by residents and stripped naked. Some of the people suggested setting the kidnappers on fire although it was not known if this threat was carried out as at the time of the report. In a related development, kidnappers from Delta and Enugu have been arrested in Calabar, Cross River state during a kidnapping operation. In a post and photos shared by APC TV via its social media page, it reported that residents apprehended the kidnappers after they had taken a victim. The kidnappers were stripped and possibly beaten while their vehicle was also destroyed. Nigerians reacted to the incidents with some noting that human ritual was usually on the rise towards the end of the year. Some however criticise

Apply for Abdulkabir Aliu Foundation Scholarship Programme.

ABDULKABIR ALIU FOUNDATION SCHOLARSHIP PROGRAMME – CALL FOR APPLICATION INTRODUCTION. The Administrators of the Abdulkabir Aliu Foundation Scholarship Programme are pleased to announce the commencement of its 2016 Undergraduate Scholarship Programme. The scholarship has two variants: A. Scholarship for Muslim students in the six federal universities in southwest Nigeria listed below: a. Federal University, Oye-Ekiti b. Obafemi Awolowo University, Ile-Ife c. University of Ibadan d. University of Lagos e. Federal University of Agriculture, Abeokuta f. Federal University of Technology Akure. Criteria for the Award; (i) Applicants must be bona fide Muslim students (ii) Applicants must maintain the minimum Cumulative Grade Point Average (CGPA) that puts them in a minimum bracket of Second Class Upper Division. B. Scholarship for Muslim students of Ede origin in any federal university in Nigeria. Criteria for the Award; (i) Applicants must be bona fide

2016/2017 AbdulKabir Aliu Undergraduate Scholarship Application Now Out.

ABDULKABIR ALIU FOUNDATION UNDERGRADUATE SCHOLARSHIP PROGRAMME - CALL FOR APPLICATION INTRODUCTION The Administrators of the Abdulkabir Aliu Foundation are pleased to announce the commencement of its 2017 scholarship programme. The scholarship is for Muslim students in the eight (8) federal universities in Nigeria listed below: a. Federal University, Oye-Ekiti b. Obafemi Awolowo University, Ile-Ife c. University of Ibadan d. University of Lagos e. Federal University of Agriculture, Abeokuta f. Federal University of Technology, Akure g. University of Ilorin h. Federal University of Technology, Minna CRITERIA FOR THE AWARD (i) Applicants must be bona fide Muslim students (ii) Applicants must maintain a Cumulative Grade Point Average (CGPA) that puts them in a minimum bracket of second class upper division (2:1). MODE OF APPLICATION Duly qualified candidates are required to submit their application through the scholarship website ( www.abdulkabiraliufoundat

FUTA: Burial of the Deceased Futarian... May God forgive her short comings.

I planned not to broadcast this as I got it yesterday, but I changed my mind... this is not to entertain you but to talk words into your heart. Futarians lost Funmilayo Talabi yesterday and her burial section held accordingly, am not here this time to confirm what killed her or tell you the Gist you are expecting to read but make you realize some fact about the bases of life. People die everyday like you already know, but it's in fact a dilemma that we don't appreciate our existence on mother earth. No human writes his/her own death wish except those who commit suicides, so you never can tell whose turn it is whether yours or mine... don't say God forbid because it's fact. The little I knew about her shocked me as people said more good and wonderful things about her... so what are you? What will people say about your legacy when you are gone? what will the angels report about you? Good or bad, it's left for you to decide... be your

Fire in FUTA as VC's car hit library staff on attempt to escape Mob attack.

Well this incident happened this morning in futa and a lot of stories have been trending about what happened, let's give you the different stories. First I heard JAC wanted to burn the VC and his driver alive in his car as they were stopped upon entering school, in an act of self defence by the driver to escape, the VC's driver hit a female library staff but and she is currently in the hospital now. Another source tells us the protesters are already being unreasonable, that they were the one that attacked the VC in his car, trying to break his windscreen and wound him, then the driver hit a library staff on an attempt to escape and save the situation.... unfortunately things went wrong. So I can conclude from the reports that the VC was attacked and on an attempt to save his life for another day, the driver accidentally hit a staff who is currently receiving treatments in the clinic. And policemen have started to Savage all blocked roads. Mor

Video & pics: Futa Dean of students' affairs, FUTASUG President, other union leaders arrested and beaten to pulp by armed policemen.

I was just informed that some armed policemen stormed the Students' affairs division of the Federal University of Technology, Akure this morning to arrest the Dean of student, Prof. Alese, the SUG president, Comrade. Solar and other union leaders. In the video above you would see the SUG president in a milky brown jalab, as he was followed into the van with rounds of slaps... very unfair. Reasons for this are still yet affirmed but we think it's due to the action of the Dean and SUG president's recent move (creating a new portal for students registration) in ensuring that futarians resume January 3rd, which is very much against what JAC want... which is the removal of the VC or futa activities die. From what I saw, the futasug and other Union leaders arrest was framed up... an eye witness said: "The student affairs office was locked after the new site was created, to cripple the resumption process, on hearing this the Dean of stud

Rowan Atkinson (Mr Bean) 'moves girlfriend Louise Ford into his £4.65million home' just weeks after his divorce

ROWAN Atkinson has "moved in with his girlfriend Louise Ford", according to reports. The Mr Bean star, 60, is believed to have taken his new relationship to the next level after the 32 year old moved into his £4.65million cottage in North London. Rowan Atkinson's girlfriend Louise Ford has reportedly moved into his London home [Getty] The news comes just weeks after his divorce from Sunetra Sastry, his wife of 24 years, was finalised. Insiders told The Sun Louise's role in Channel 4 sitcom Crashing is bringing them close together because of their "comedic symmetry". The source said: "Rowan and Louise are both incredibly private people. But this shows they are obviously serious about their relationship." Rowan and Louis first made their relationship public in 2014, after his 23-year marriage came to an end. Rowan Atkinson and Sunetra divorced after 24 years of marriage [Wenn] The comedian shares son Ben, 22, and daughter

FUTA: Prof. Alese Writes Enumero of the incident as JAC Made his Birthday Pullus.

Following the incident in futa this morning, of the arrest of the Dean of student, Prof. Alese, the SUG president, Comrade Solar and other SUG leaders, I received a report statement allegedly written by Prof. Alese on an alumni group. The Statement gave enumero(details) of the incident... it reads thus: "I would I have misled you, I was supposed to meet with the leadership of ASUUCoop by 11am this morning at ASUU secretariat to discuss the MOU of the ASUUCOOP hostel. I already invited the students in office for 10.30am to take their input to the meeting and explain the new registration portal to them. Along the line I was told that my office was padlocked by JAC. I called the Sherrif Deputy to send security and I got a Carpentar to join them to open it. The carpenter came and the students were there for the meeting. As I was coming I branched at the secretariat jus to tell the president that that I would be a bit late. On getting to the secretariat

Paul Scholes Slams Marouane Fellaini.

Paul Scholes statement on Fellaini: "Sir Alex won't have him anywhere near Old Trafford. Not even as a steward sweeping the car park. Yet Van Gaal and Now Mourinho keep picking him. He keeps turning up like a bad smell, like a fart in the lift. He cant pass, Can't dribble, Can't shoot. He is slower than a tortoise going backwards." I think that's much right??... Lolz.

Lady heading to work, faints, falls inside a gutter, after receiving punch from a tricycle rider.

Lolz, not funny.... A Lady heading to work, faints, falls inside a gutter, after being punched by a tricycle rider, following an argument in Bariga, Lagos State.., of course, the rider fled.

L.M Blug

Search This Blog