The need for whistleblowers is greater than ever. In the U.K. and U.S., laws are beginning to take shape after the trillion-dollar cost of the coronavirus pandemic makes their value impossible to ignore
Whistleblowers undoubtedly play a part in shaping the world we live in. With the current coronavirus pandemic in mind, there’s a growing argument that they need help in dealing with the loss of earnings, career, reputation and self-confidence whenever a public interest threshold is met for a whistleblower’s revelations.AFP via Getty Images
While in the U.K., a new law seeking an improvement to the 1998 Public Information Disclosure Act is gathering momentum, and enlisting political support from both sides of the U.K.’s red and blue political divide.that legislation is in the works to create The Office of the Whistleblower, and the early stage proposals have broad support across the political spectrum.
One of the most important issues that joins whistleblowers around the world is the need to stop treating them like enemies or traitors. This is as true in Wuhan, China, as it is in the corporate client world of accountancy and auditing. Court documents state that Rihan became aware of “serious irregularities”, adding, “Kaloti was knowingly dealing in gold bullion smuggled out of Morocco coated in silver . . . thereby avoiding restrictions on the export of gold from Morocco. The painted ‘silver’ was then declared to be gold on arrival at Dubai,” according to the documents. Rihan also identified $5.2 billion in gold and cash transactions in 2012., acknowledge the “irregularities” unearthed by Rihan.
However, earlier this month London’s High Court ruled in favor of the whistleblower. Rihan was awarded the sum of $10,843,941 in U.S. dollars and £117,950 for having been, according to his lawyer, “forced out” of his job and career at EY.that they are “Surprised and disappointed by the judge’s decision,” describing the sum paid to the whistleblower as “unprecedented.” Adding, “We will appeal.”Kaloti has not yet responded to a request for comment.
For Halford-Hall, “every whistleblower is the sign of institutional failure.” In an ideal world, they wouldn’t exist. But today, as the coronavirus pandemic enters its truth and reconciliation period, we need them more than ever.
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