There are many people who witness corruption and malfeasance. They know its impact on society, and want to improve the system. Yet they don’t report it. It comes at great risk, personally and professionally, let alone financially. The deputy public protector has a plan. He suggests adding a sweetener… Money.
Whistleblowers in the US had a profitable 2014. According to the Securities and Exchange Commission, they took home $435 million, with another $170 million shared among three people involved in a case against Bank of America. The payments related to the almost $6 billion the state recovered through the False Claims Act. It allows a whistleblower to take legal action in the name of the state against anyone who defrauds the government. If the suit is successful, there’s a bounty – 15-30% of what’s recovered.
Mostly, the claims have focused on government procurement and the healthcare and financial services industries. But there’s also a case underway against disgraced cyclist Lance Armg, launched by former team mate Floyd Landis, for defrauding the government into sponsoring the US Postal team while Armg was doping. While Landis could be in for a cut, it will be nowhere near the $104…
Source : Daily Maverick