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.
6. Federal Public Sector:
Each deputy minister or CEO in the federal public sector needs to now establish an internal disclosure apparatus, especially the appointment of a senior officer who will disclose and investigate possible wrongdoings.
CEPA is New Jersey whistleblower law. It disallows employers to take action against employee because employee discloses or threatens to disclose activity or business relationships that are a potential for violation of the court.
Whistleblowing is vilified largely in Canada. James Roche, former chairman of General Motors, believes that it is the class of disloyalty. The term is very much ambiguous morally. He has a large disdain for them to this day.
9. Troubled Homeowners get a lift in U.S. in 2012:
Whistleblowers were instrumental in revealing the large mortgage abuses. Many of the whistleblowers risked their careers to reveal such concealed info. Now they stand to inherit $25 million payouts.
Victor Bibby and Brian Donnelly, the whistleblowers, used to work for a brokerage firm in Alpharetta, Georgia. Suspicions rose when lenders specified not to reveal amount charged for lawyer fees on loan documents.
10. Alex Groves: QUIET DOWN:
Alex Groves made a good argument that I believe should be worth mentioning. He argues that historical whistleblowing has been a benefit to point out wrongdoings of others, especially government officials. FBI Director helped two journalists in the 1970s get to the truth about the Nixon administration and the whole issue with Watergate Scandal. He argues against Wikileaks and leaking information there. There should be a limit to what can be posted, especially in the wartime era.