Top 10 Fascinating Developments in Whistleblowing

1 2

Many countries are not safe for honest employees. Employers still call the shots when it comes to disciplining. Many employees also risk their jobs to protect the economy. They have taken drastic steps to ensure that scams and money laundering would not be tolerated. This article examines the true facts behind the people.

 

1. Sherron Watkins:

Watkins was the one who uncovered the Enron scandal in late 2001. She wrote an email to CEO Kenneth Lay warning of other whistleblowers and misstatements in the financial records. She is now currently a public speaker, speaking out against corruption in the business world. In 2011, it was revealed that Watkins received $1.1 million from the IRS as a reward.

 

2. York University Fraud Investigation:

York University fired one of its investigators, Ken Tooby, who ousted the University for Possible Fraudulent Activities between 2007 and 2010. York University was highly scrutinized and placed under police investigation in October of 2011 in due part to the role the whistleblower/investigator played. Tooby held a job at York University for over 23 years at the time of firing.

 

3. Bill C-25:

The Liberal Party of Canada proposed Bill C-25 in April of 2004 to protect the rights of whistleblowers and those who speak about the problems and issues facing government bureaucracy. This bill was a direct response to the Sponsorship Scandal, which engulfed the Liberal Party into flames. The party was eventually defeated in the 2005 election. The bill has not had any effect. Allan Cutler tried to out the government in 1996, but failed when he got fired.

 

4. Investment Industry Regulatory Organization of Canada:

IIROC’s Whistleblower Service was introduced to receive, assess and take prompt action against any reported or potential systemic wrongdoings, potential securities frauds and unethical behaviour by IIROC-regulated individuals or firms. Little has this helped people like Ken Tooby.

 

5. Lynn Syzmoniak:

This freaks me out! In March of 2012, Lynn Szymoniak was awarded $18 million for exposing bank fraud. She spent approximately 4 years investigating fraud when a bank moved to foreclosure on her Florida Home in 2008. 5 banks, including JP Morgan Chase & Co , accused the wrong woman who was at the wrong place and at the wrong time.

 

1 2


About The Author