Corruption whistleblower law enters into force in Ukraine
03 Jan 2020

Ukraine’s new law amending anti-graft legislation and introducing “corruption whistleblowers” has entered into force.

The law is set to protect and provide financial incentives to whistleblowers who report corruption-related offenses.

The Ukrainian government will provide a monetary reward to whistleblowers for important tips that will help investigate high-profile corruption-related crimes where damage incurred to the state budget exceeds UAH 10 million.

The whistleblower’s remuneration amounts to 10% of the monetary amount of a subject of corruption offense or the amount of damage caused to the state from the crime after the court verdict has been handed down. The amount of remuneration may not exceed 3,000 minimum wages.

The National Agency for the Prevention of Corruption is the body responsible for addressing whistleblowers’ reports. The law determines that a whistleblower is an individual reporting possible corruption or corruption-related offenses committed by another person if they learned about it in connection with their labor, professional, economic, social, scientific activity, their military service or studies, or their participation in mandatory procedures prescribed by law.

The law determines that a whistleblower and their close relatives who were fired in connection with a corruption report are subject to immediate reinstatement and shall be paid the average wage for a period of forced absence under a year.

Read more at UNIAN

RiskScreen: Eliminating Financial Crime with Smart Technology

Count this content towards your CPD minutes, by signing up to our CPD Wallet