4/15/2014

Any protection for whistleblower

Below is an extract from a posting in TRE attributed to WSJ online. I quote,
 

‘ (9 Apr) – A top Deutsche Bank AG saleswoman was placed on leave last month after the German bank found what it regarded as inappropriate communication between her and Singapore’s central bank, according to a person familiar with the matter, marking a significant new twist in the yearlong global investigation into the currency market.
 

Kai Lew, a director of sales at Deutsche Bank in London tasked with handling central-bank clients, was put on leave because the bank — the biggest currency dealer in the world — concluded that she had communicated improperly with the Monetary Authority of Singapore, or MAS, this person said. She is one of roughly 30 employees at nine banks who have been fired or suspended as part of a burgeoning global investigation into possible manipulation of currency markets, and the first in sales rather than trading. At the time her suspension was first reported, March 31, the reasons for the move were unclear….’
 

What if this employee is blowing the whistle on her bank? What is the difference between her ‘inappropriate communication between her and Singapore’s central bank’ and that of whistleblowing? If she is whistleblowing, should she be protected? Who should be protecting a whistleblower? If whistleblowers are not protected, who would dare to become whistleblower?

9 comments:

Matilah_Singapura said...

Currency manipulation?

Impossible. Bankers are shit from god's own arsehole -- they are pure as the driven snow, incorruptible and with understanding and compassion of a catholic saint. (hur hur hur)

>> What is the difference between her ‘inappropriate communication between her and Singapore’s central bank’ and that of whistleblowing?

Simply a matter of interpretation by those who don't want to be caught.

>> If she is whistleblowing, should she be protected?

If she is a whistleblower she'd BETTER BE protected. This one is already beyond the realm of "tolong tolong government, please protect me".

This one requires proactive self-interest. Because of the amount of money involved, and possible huge conspiracy spanning the globe, there could be people who will harm, threaten family or KILL anyone who gets in the way of a lucrative gravy train.

Also, there could be people working for central banks who are complicit in the currency manipulation. (assuming the allegations are true)

Dun pray pray. This is beginning to parallel Brad Thor's novel "Hidden Order"

Anonymous said...

The banksters ready to kill!

The said...

Whether you are blowing whistle, or blowing something else, you will get into trouble if found out.

Anonymous said...

If they protect whistle blowers, too many skeletons will be found in the closets of the rich and powerful.

Use your brain. Will the rich and powerful pass laws to incriminate themselves?

Anonymous said...

/// Use your brain. Will the rich and powerful pass laws to incriminate themselves? ///
April 15, 2014 10:22 am

Never trust rich people.
Never trust politicians who want to invite more rich people into our country.

What do rich people and politicians discuss when they meet?
How to help Singaporeans (HaHa)?
Or how to make more money?

What do you think?

HARD BUT PAINFUL REAL TRUTHS said...

10.50am // What do rich people and politicians discuss when they meet? //


To discuss more "HARD TRUTHS", get the additional "HARD TRUTHS" real "SOLID HARD, ERECTED LIKE A STEEL SPIKY ROD" to ensure it exact and inflict the max "PAIN and MUTILATION" when put to their use of "HARD CORE MERCILESS SCREWING" of the daft!

Anonymous said...

Rich Singaporeans not the same as rich Americans.
Bill Gates giving away his money to help people.

http://www.gatesfoundation.org/

Singapore type of rich people:
"What more do you want?
3 meals in a hawker centre, a food cort or a restaurant?"

暴君, 奸君, 昏君, 庸君, 没了。 said...

12.18pm // Rich Singaporeans not the same as rich Americans. //


Can sinkieland last beyond the 4G?

b said...

Since ancient greek time, the law is created to protect the rich and powerful - never the whistleblowers, hardworking, savers etc. The justice system is totally corrupted. If she cannot handle the bloody truth, it is better for her to shut her mouth and resigned than to turn against her employers. Speech is silver and silence is GOLD.