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Victorian police are under pressure to use taxpayers' money to reward a convicted drug dealer for blowing the whistle on serial killer Peter Dupas.

Disgraced lawyer and convicted drug trafficker Andrew Fraser is the major contender for a large slice of the $1m police bounty offered for information leading to the conviction of the triple murderer.

Fraser gave evidence at a Victorian Supreme Court hearing that Dupas confessed to killing Mersina Halvagis while they were cellmates in Port Phillip Prison.

Fraser, who was serving a five-year-term for trafficking cocaine, testified that Dupas re-enacted the stabbing murder in the cell block they shared.

His testimony was crucial in the conviction of the serial killer, and now that Dupas has exhausted all appeal options, Fraser argues he is entitled to the reward money.

Poll: Should Andrew Fraser receive the reward for Peter Dupas conviction?

His life and death battle against spine cancer has added urgency to his bid to claim a proportion of the $1m reward.

The former high-flyer who appears a shadow of his former self told Seven News reporter Cameron Baud: "This is incurable and it will come back and apparently when it comes back, it comes back with a vengeance."

"I've applied for a proportion of it...but hello...is there anybody there?"

Convicted killer: Peter Dupas Inset: Victim Mersina Halvagis

Fraser suspects lingering police resentment towards him may be holding up the process.

"If they didn't honour the reward the whole reward system would come tumbling down around their ears," he said.

"The unfortunate reality is it's people that are in jail, or in the criminal system, that are the ones that hold the knowledge that entitle them to a reward."

A Victoria Police panel is now considering how to divvy up the reward money between several claimants.

The decision will need to be accepted by the Chief Police Commissioner and then approved by the State Government before any money can be paid.

Now forging a career as a writer, Fraser freely admits he needs the money but denies that's ever been his motivation.

"Look I don't know how long I've got," he said. "I've got two children and I want to help them. None of this is about me."

Dupas was serving two life terms for the 1999 murders of Margaret Maher and Nicole Patterson when he was handed a third life sentence for the Halvagis murder in 2007.

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