BusinessCompany NewsWhistleblowers exposing 30% more Whitehall frauds

Whistleblowers exposing 30% more Whitehall frauds

Whistleblowers have help expose 30% more Whitehall frauds following the introduction of new legislature, statistics by the Treasury have revealed.

Link: Hotline helps fraud whistleblowers

Charity body, Public Concern at Work, will tell MPs today that the number of frauds exposed in Whitehall have risen from 480 as reported in 1995/96 to 898 in 2002/03 – with 427 of these frauds discovered by whistleblowing, the FT reported.

The value of these frauds is estimated at £4.3m

The increase in the number of frauds being exposed follows the introduction of the Public Interest Disclosure Act five years ago.

The Act defends and offer unlimited compensation to whistleblowers in both the private and public sectors.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor