WHISTLE BLOWING

Group 01

Name Roll No.

Sameer Ashar 03

Ravindra Chhangani 11

Ramesh Mallya 30

Vipul Bhandari 62

SCOPE OF PRESENTATION

Concept of Whistle blowing

How & When - To do Whistle blowing

Whistle blowing is beneficial or not

Laws of Whistle blowing

Companies adopted policy

Case Studies

What is Whistle blowing?

• A whistleblower is an employee, former employee, or member

of an organization, especially a business or government

agency, who reports misconduct to people or entities that

have the power and presumed willingness to take corrective

action.

Who is Whistleblower?

•Whistle blowing in its most general form involves calling(public)

attention to wrong doing, typically in order to avert harm

•Whistle blowing is an attempt by a member or former member

of an organization to disclose wrong doing in or by the

organization

Types of Whistle blowing

Internal

Personal

External

• Internal Whistle blowing is made to someone within the organization

• Personal Whistle blowing is blowing the whistle on the offender, here the

charge is not against the organization or system but against one individual

• External whistle blower is complaint is made to an outside body, like

newspaper and other forms of media

How to Whistle blow?

Do it anonymously

Collect any hard evidence

Work through internal channels

Work through external channels

When to Whistle blow?

Consult with independent observera) If matter is material and b) Misleading to company in a harmful manner

Utilize formal appeals mechanisms-before consulting superiors

c) If superior is involved, notify people in responsible positions including the board of directors

If internal appeals fail, what's next?d) Consult with independent outside observers whether harmful

consequence can be prevented or stopped.e) Public awareness (if only way to stop the problem)

Point of view

People’s

1. Need for truth

2. Better relation between the public and company

Company’s

1. Accuses whistle blowers of breaching confidentiality agreement.

2. Can view whistle blowing as an act towards money and fame

Whistleblower's

1. Caught up between integrity, commitment and truth.

2. The consequences of the blowing the whistle are pretty immense

and heavy

Protection laws Whistleblower protection refers to laws and

regulation that offers protection who exposes wrongdoing and dishonest activities. The wrongdoing may take the form of fraud, corruption or mismanagement.

Also, it offers punishment against false complaints.

Whistleblowing policy in India 2003: Narayan Murthy pressed for whistleblowing policy for

corporate governance standard in India

2010: ‘Public Interest disclosure and protection to person disclosing

bill tabled’ in Loksabha

2011: Bill passed in Loksabha after getting consent from cabinet

2014: Bill passed in Rajyasabha

May 9th, 2014: Bill got consent from President

The Act has not come into force till now

Whistle blowing Policy implemented by Indian companies

Wipro: employees are encouraged to report any conduct that results in violation of the company's code of business conduct and ethics

Tata motors: A mechanism to approach the Ethics Counsellor/ Chairman of the Audit Committee

Steel Authority of India Limited: Follows the Whistle Blower Policy of Central Vigilance Commission (CVC)

Advantages Disadvantages

Whistle blowing leads to good results

Diminishes Trust in the Workplace

Severe damage to the environment has been stopped by the actions

Can Negatively Affect Your Career

The actions of whistle blowers are potentially beneficial to society

Can Destroy the Company

Risk to Personal Safety

Case 1: Satyanendra Dubey• An IITian and Indian Engineering Services

(IES) officer

• Project Director in the (NHAI) at Koderma, Jharkhand

• Exposed  corruption in the Golden Quadrilateral highway construction project

• Exposed large-scale flouting of NHAI rules regarding sub-contracting and quality control

• Assassinated on 27 November 2003

• This case ignited tremendous public hue and cry

Case 2: Shanmughan Manjunath• An IIM, Lucknow graduate

• A manager (grade A officer) for the Indian Oil Corporation (IOC)

• Ordered two petrol pumps at Lakhimpur Kheri  sealed for selling adultered fuel

• When the pump started operating again he conducted a surprise raid

• Murdered on 19 November 2005

• A pan IIM initiative, "The Manjunath Shanmugam Trust" registered

Case 3: Dinesh Thakur• A former director of project and information

management at Ranbaxy

• Exposed company falsifying drug data and violating good management practices

• Ranbaxy pleaded guilty to charges related to the manufacture and distribution of certain adulterated drugs

• May 2013: Ranbaxy fined for 500 bn USD

• Dinesh Thakur awarded with 50bn USD: Civil settlement lawsuit under the qui tam, or whistleblower, provisions of the False Claims Act:

Conclusion“Too see wrong and not to expose it, is to become a silent

partner to its continuance”. - “Dr. John Raymond“

• Whistle-blowing is a moral obligation and the deeper interests of the professional, morality

• Whistle blowing is the right decision depends on its outcome

• Whistle blowing is an issue received public attention and systematic study

• Need to have a well-developed theoretical framework to support it

• To save the interest of all stakeholders and no more person's loss their lives, a strong whistle blowing policy is need of an hour

Thank You

Keep Whistling