Govt. Has Recovered 143.89 Billion Naira Through Whistle Blowing
The Nigerian government has reaped bountifully from its whistle-blowing policy.
Through the policy, more about 144 billion Naira stolen by corrupt politicians have been recovered.
The Presidential Initiative on Continuous Audit, PICA, gave the figure in a report published on Sunday.
According to the report, the government has successfully recovered 7.8 billion Naira, $378 million and 27,800 pounds sterling.
It says since the policy was introduced in 2016 to fight financial crimes and corruption, PICA has received 8,373 tips.
The report said 1,231 tips received were on financial crimes.
It further showed that the Federal Government was able to investigate 791 cases out of which 534 were completed.
The Federal Government had also been able to save 208 billion Naira through the payroll audit of its Ministries Department and Agencies, MDAs.
According to the report, 97.94 billion Naira was saved in 2016 while 110.46 billion Naira was saved in 2017.
It said the saving was from the recovery of salaries paid to ex-diplomats, reduction in personnel costs of MDAs and reduction in non-regular allowances of the armed forces, para-military agencies and health institutions.
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