WHISTLEBLOWER GETS OVER $500,000 FOR EXPOSING MISCONDUCT IN HIS COMPANY
source: http://www.eyesoflagos.com/2017/05/whistleblower-gets-over-500000-for.html

The United States Securities and Exchange Commission on Tuesday announced that a company insider has earned a whistleblower award of more than $500,000 for reporting information that prompted a SEC investigation into well-hidden misconduct that resulted in a SEC enforcement action.


“This company employee saw something wrong and did the right thing by reporting what turned out to be hard-to-detect violations of the securities laws,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower.

“Company insiders are in a unique position to provide specific information that allows us to better protect investors and the marketplace. We encourage insiders with information to bring it to our attention.”

The whistleblower award is the second announced by the SEC in the past week. Approximately $154 million has now been awarded to 44 whistleblowers who voluntarily provided the SEC with original and useful information that led to a successful enforcement action.

By law, the SEC protects the confidentiality of whistleblowers and does not disclose information that might directly or indirectly reveal a whistleblower’s identity. Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action.

Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million. All payments are made out of an investor protection fund established by Congress that is financed entirely through monetary sanctions paid to the SEC by securities law violators.

God don pick him call

Whistle blowers in Nigeria are disgruntled members.. the sharing ratio did not favour them like they wanted..

Genuine ones are scared of whistleblowing to a boss/superior who is a member of the caucus..

Or a police who would turn the case around and you end up being in trouble.. (i am a victim)

True story...
My friend a banker whistleblew on his boss forex deals.

The auditors claimed to find nothing..(boss's paddy)
The guy was transferred from head office to Jos..
He was switched to marketing..
He eventually was layed off after constant target drilling
He lost everything just for wanting to do the right thing
He relocated to the US to start all over again

guess it now pays to be a gossip. companies will start adding non disclosure clauses on employment letters to dissuade future amebos from hammering

See hammering

Wailers will not be happy with this one bit

The guy above me just said it all

Witness Protection Gabadaya

Working?

America don borrow whistle blowing from Nigeria.

Bloggers.. Smh.

God give me whistle to blow....

blackpanda:
Wailers will not be happy with this one bit

you are just too gullible. smh

See oogun ówo soft

wow

Can never happen in naija

Na the way be this now?

Cool business dough!

Mehn. This hustle dey pay pass yahoo o

EFCC visited Kanayo O. Kanayo's house and searched everywhere and found only 45k! The EFCC boss then called the whistle blower and said to him that they found nothing and asked the whistle blower if the info about billions in Kanayo's house is real.
The whistle blower said Kanayo O. Kanayo has done a lot of blood money rituals in many movies and that there is no way plenty money wont be in his house.

Afonjashapmouth:
God don pick him call

He's probably an atheist.

am looking for whistle to blow mow sef

Whistle blowing has gone international.

hmm the amount is eye popping

Nigeria!
See ya life?

500,000 what?
In USA abi?
OK naa

lemme blow on top his head

Esseite:
Whistle blowers in Nigeria are disgruntled members.. the sharing ratio did not favour them like they wanted..

Genuine ones are scared of whistleblowing to a boss/superior who is a member of the caucus..

Or a police who would turn the case around and you end up being in trouble.. (Am a victim)

True story...
My friend a banker whistleblew on his boss forex deals.

The auditors claimed to find nothing..(boss's paddy)
The guy was transferred from head office to Jos..
He was switched to marketing..
He eventually was layed off after constant target drilling
He lost everything just for wanting to do the right thing
He relocated to the US to start all over again

What is the point of story now
we should not do the right thing. Mtcheeeeew
Nonsense story

where dem d sel whistle??