He suggested that such people should be protected, and culture of Whistle Blowing
should be promoted in Pakistan.
A Cross-Cultural Comparison of Manager Whistle Blowing
Should the IMA Standards be revised to recognize the encouragement for whistle blowing
contained in Sarbanes-Oxley?
Chaudhry said under the United Nations Convention Against Corruption (UNCAC), legislation on Whistle Blowing is an obligation on Pakistan.
He said Whistle blowing is an early warning system in controlling corruption at the prevention stage by taking timely action.
While stressing the need for the legislation on Whistle Blowing, Chairman said that in South Asia, India and Bangladesh have Whistle Blower Bills passed recently.
These findings show the size of the task facing risk managers, who coordinate activities to identify and mitigate an organization's exposure, when they don't even have a formal process for whistle blowing
," notes Jack Hampton, executive director of RIMS.
Addressing a high level meeting at NAB Headquarters Chairman said it is need of the hour for developing, encouraging and implementing whistle blowing mechanism against corruption in Pakistan.
While stressing the need for the legislation on Whistle Blowing, Chairman remarked that in South Asia India and Bangladesh have Whistle Blower Bills passed recently.
Chairman NAB remarked that proposed Whistle Blowing Bill will help people who are courageous and prepared to blow whistle to eradicate corruption from the society.