Whistleblowers to get percentage of penalties

Original article by Misa Han
The Australian Financial Review – Page: 11 : 15-Sep-17

Providing whistleblowers with financial rewards is among the recommendations of a joint parliamentary committee that is examining the issue of increased protection for whistleblowers. The committee has proposed that people who expose corrupt practices in the corporate sector should receive a proportion of the financial penalty imposed on the company. Lauren Witherdin of KPMG has downplayed the concerns of lawyers that a "bounty" system modelled on the US one would encourage people to make spurious allegations for financial gain.

CORPORATES
KPMG AUSTRALIA PTY LTD, NICK XENOPHON TEAM

Leave a comment