An effective compliance programme is made more robust and has increased chances of success by the availability of an effective reporting and whistleblowing framework. It serves as an early-warning system for identifying and combating substandard practices, poor judgement and wrongdoing in different forms and establishes the basis for successful risk management. Concerned persons can pass on information within a robust system, keeping the information private and confidential and ensuring that matters can be treated seriously leading to effective action and change, where necessary.
Whistleblowing also facilitates the protection of reputational and financial integrity and the identification of legal risks as well as being a strong aid in determining to some degree, the health of a company.
Our Reporting and Whistleblowing service is able to:
We are able to manage whistleblowing reports on several areas including breaches of law, regulations or company policies. Reports can also be made on professional malpractice, conflicts of interest, poor corporate governance, wrongful termination, bullying or harassment, sexual harassment, corporate fraud, kickbacks, pricing fraud, off-label marketing, procurement fraud, customs fraud, embezzlement, insurance fraud, bribery, financial misconduct and other conduct or behaviour that fall short of the law, regulation or company policies.
In compliance with relevant laws and professional rules of conduct, reports using our whistleblowing tools are confidential. The reporter’s identity and the information provided will be safeguarded and protected as required or prescribed. We are also able to develop comprehensive whistleblowing programmes as well as support its efficient implementation with the provision of trainings and the ability to conduct investigations upon receipt of any report.
Leveraging on our leading Nigerian and global governance, risk and compliance expertise we help our clients achieve outcomes that halt wrongdoing, address breaches, provide lessons learned, improve their level of compliance and prevent escalation or repeated wrongdoing.
We invite you to contact Adeolu Idowu, adeolu.idowu@aluko-oyebode.com for more information or a proposal on our Reporting and Whistleblowing service.