Adeosun said they will be handed over to the Economic and Financial Crimes Commission (EFCC).
She made this revelation while addressing, the Senate committee on Finance, during her budget defence session.
Adeosun also said banks that worked with the civil servants to defraud the government will also be prosecuted.
She said “We will not only sack them, we will ensure the recovery of the money they have been collecting over the years from the Federal government.”
The finance minister also said Nigeria's decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption.
During the visit of the International Monetary Fund (IMF) boss, Christine Lagarde Adeosun also said Nigeria plans up to $5 bln borrowing from sources including Eurobonds.
The minister has also hinted that the government was working on the introduction of performance-related pay for the Nigeria Customs Service (NCS), to motivate improved revenue collection and reduce corruption.