Business Ethics: Whistle Blowing

Ankit Bhatia
Roll No 5
Section C (Finance)
Date of Presentation 11 Jan, 2011
What is Whistleblowing

Definition: The disclosure by a person,

usually an employee in a government
agency or private enterprise, to the public
or to those in authority, of
mismanagement, corruption, illegality, or
some other wrongdoing.

Derives from the practice of British

police officers
What can be exposed by WB

A whistle blower may raise an issue

of:
• A violation of a law, rule, regulation
• Direct threat to public interest
• Fraud
• Health Safety Concern
• Corruption, etc.
Common reactions to WB
Whistleblowing can lead to:
•Reward
•Glorification
•Termination
•Suspension
•Demotion
•Wage Garnishment
•Mistreatment
•Criminal Prosecution
•False Claim
Protection Acts for Whistleblowers

Whistleblowers around world are protected by

certain Acts:

•USA : Lloyd-La Follette Act of 1912

•Wall Street : Dodd-Frank Wall Street Reform and Consumer

Protection Act (2010)

•US Military : The Military Whistleblower Protection Act

•UK : Public Interest Disclosure Act 1998

•India : No dedicated Act but notification

Famous Whistleblowers

Some of Famous Cases bear name of:

• Satyendra Dubey
• Shanmugam Manjunath
• Ingvar Bratt
• Christoph meili
• Ramin Pourandarjani
Thank You!