The Minister of Finance, Kemi Adeosun, has said a total of N421.33m is ready to be paid to whistle-blowers for the November batch.
According to her, the amount included that of the whistle-blower for the cash recovered from a building in Osborne Road, Ikoyi, Lagos.
Adeosun disclosed this, on Wednesday, while answering questions from State House correspondents after the weekly meeting of the Federal Executive Council presided over by the Vice President, Yemi Osinbajo at the Presidential Villa, Abuja.
According tp her the money would be paid to the whistle-blower, who signed the agreement and not any firm.
The minister also disclosed that the Federal Government would pay applicable taxes on the sum directly to the state government where the whistle-blower is domiciled.
“The total amount, which also include Osborne Road, Ikoyi is N421, 330, 595. This is for the November batch and it is ready for payment.
“The only condition necessary is that the money will be paid to the whistleblower who signed the agreement, not to any company.
“If we get the court judgment, we have to wait for three months to ensure that there are no encumbrances,”she said.