Whistleblowers

The UN estimates that US$ 1 trillion is paid in bribes per year, while more than twice that amount – US$ 2.6 trillion – is stolen annually through corruption. This in turn corresponds to more than 5 per cent of global GDP. Whistleblowing is a key tool to detect fraud and wrongdoing – whistleblower protection can facilitate workers’ effectiveness of stopping wrongdoing at an early stage through voicing their concern before scandals erupt and stakeholders incur huge damage. A new PSI report addresses this issue.