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Whistleblowers

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Whistleblowers Cynthia Cooper was the whistleblower who exposed massive accounting fraud at WorldCom in 2002. A native of Clinton, Mississippi, Cooper worked as the ... – PowerPoint PPT presentation

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Title: Whistleblowers


1
Whistleblowers
  • Cynthia Cooper was the whistleblower who exposed
    massive accounting fraud at WorldCom in 2002.
  • A native of Clinton, Mississippi, Cooper worked
    as the Vice President of Internal Audit at
    WorldCom. After conducting a thorough
    investigation in secret, she informed WorldCom's
    board that the company had covered up 3.8
    billion in losses through phony bookkeeping. At
    the time, this was the largest incident of
    accounting fraud in U.S. history.

2
  • Cooper previously worked for the Atlanta offices
    of public accounting firms PriceWaterhouseCoopers
    and Deloitte Touche. She received an
    undergraduate degree in accounting from
    Mississippi State University and a Masters of
    Accountancy from the University of Alabama. She
    is a Certified Public Accountant (CPA) in
    Georgia, Certified Information Systems Auditor
    (CISA) and a Certified Fraud Examiner (CFE).
  • Cooper was named as one of three "People of the
    Year" by Time magazine in 2002.

3
  • Allen S. Cutler was a Canadian civil servant who
    became notable for his role in the sponsorship
    scandal by acting as the whistleblower, Cutler
    both triggered the scandal and lost his job. He
    had been working for the Ministry of Public Works
    and Government Services.
  • On November 23, 2005, the Conservative Party of
    Canada announced Mr. Cutler would be its
    candidate in the riding of Ottawa South in the
    upcoming federal election. He does not live in
    the riding, though. 1 He failed to defeat
    incumbent MP David McGuinty.

4
  • Cutler was born in Ottawa, is married and has two
    children. He has a degree in Economics from
    Carleton University. He is also a director of the
    Federal Accountability Initiative for Reform.
  • Although his good deed was praised, the Ottawa
    Citizen defined Cutler as "one-note-pony".
  • Interestingly, Cutler claimed he had never had
    any intention of running for Parliament. However,
    Cutler did a number of high-profile interviews
    before the campaign had begun.

5
  • Shanmughan Manjunath (1978-2005) was an engineer
    for the Indian Oil Corporation (IOC) who was
    murdered for opposing corruption in the erstwhile
    government firm's petrol pumps.
  • Manjunath was born in Kolar, India, near
    Bangalore. He earned his engineering degree from
    Sri Jayachamarajendra College Of Engineering,
    Mysore, and an MBA from IIM, Lucknow.
  • While working for the Indian Oil Corporation
    (IOC) in Lucknow, he had ordered two petrol pumps
    at Lakhimpur Kheri sealed for selling adulterated
    fuel for three months. When the pump started
    operating again a month later, Manjunath decided
    to conduct a surprise raid around November 19,
    2005.

6
  • Having not heard from his son for three days, at
    around 9 that night, his father, M Shanmughan,
    had sent an SMS How are you?.
  • There was no reply, because that very evening,
    during his inspection, Manjunath had been
    abducted, badly beaten up and eventually shot
    dead. His body, riddled with at least six
    bullets, was found in the backseat of his own
    car, which was being driven by two employees of
    the petrol pump. Both were arrested and the main
    accused, pump-owner Monu Mittal, was held on
    November 23 along with four others.

7
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8
  • Following the murder, there was immense media
    spotlight on the case. S. Manjunath's batchmates
    from IIM Lucknow (where he was affectionately
    called machan1) also kept the story alive.
    Indian Oil Corporation paid Rs. 26 lakhs
    compensation to the family. The matter of
    adulteration in diesel was taken up by the Energy
    Coordination Committee chaired by Prime Minister
    Manmohan Singh. One of the policy remedies being
    considered is to minimize the subsidy in the
    price of kerosene (used as cooking fuel by the
    weaker classes), and to explore alternate
    mechanisms for implementing the subsidy.
    Subsequently, several tanker trucks, laden with
    thousands of liters of kerosene, were seized en
    route to a district neighbouring Lakhimpur Kheri
    2.
  • Investigations into the murder are going on.
  • A pan IIM initiative, The Manjunath Shanmugam
    Trustwas registered early February. With
    immediate objectives of fighting the case, they
    have a broader agenda of improving governance in
    Indian public life

9
  • One of the policy remedies being considered is to
    minimize the subsidy in the price of kerosene
    (used as cooking fuel by the weaker classes), and
    to explore alternate mechanisms for implementing
    the subsidy. Subsequently, several tanker trucks,
    laden with thousands of liters of kerosene, were
    seized en route to a district neighboring
    Lakhimpur Kheri 2.
  • Investigations into the murder are going on.
  • A pan IIM initiative, The Manjunath Shanmugam
    Trust was registered early February. With
    immediate objectives of fighting the case, they
    have a broader agenda of improving governance in
    Indian public life.

10
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11
  • In a handwritten letter to his friend, the hero
    of this story had written "My conscience is my
    biggest virtue, my wealthiest treasure and my
    best guide or friend. I always do what my
    conscience tells or compels me to do. I want to
    keep this candle of humanity ever glowing in my
    heart.'' The hero's story was a shocking one with
    a sob ending.

12
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13
  • He could have continued doing his job as a deputy
    general manager in the Centres National Highway
    Authority of India (NHAI) and shut his eyes to
    the variegated ways in which a prestigious
    project - Instead Dubey opted to do the right
    thing by alerting the PMO to these developments
    because he believed the project was of
    unparalleled importance to the nation. He paid
    with his life for having done so  -
    Indian Express 

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