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$31 Million for a whistleblower

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Registered: 21-03-2011

$31 Million for a whistleblower

A scary story from the world of banking where an employee exposed dangerous banking practices. Sadly it is people like pensioners on fixed incomes who bear the cost of such management incompetence.  Having worked in the financial services industry as an employee, until I became a percentage of the workforce victim, I can visualise the pressures on the Citibank employee concerned.
I can't remember if the UK has effective whistleblowing laws like the USA ones. If there were it would be better for UK Ltd as a whole. No doubt any such whistleblower would be destroyed by the corporate immune system.
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Re: $31 Million for a whistleblower

That makes interesting....and satisfying reading in one respect but worrying in another.
No great surprises though.

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To argue with someone who has renounced the use of reason is like administering medicine to the dead - Thomas Paine