AGL 40.16 Increased By ▲ 0.13 (0.32%)
AIRLINK 131.73 Increased By ▲ 2.42 (1.87%)
BOP 6.69 Decreased By ▼ -0.11 (-1.62%)
CNERGY 4.47 Decreased By ▼ -0.17 (-3.66%)
DCL 8.82 Increased By ▲ 0.19 (2.2%)
DFML 40.61 Decreased By ▼ -0.34 (-0.83%)
DGKC 84.08 Decreased By ▼ -1.66 (-1.94%)
FCCL 32.34 Decreased By ▼ -0.66 (-2%)
FFBL 68.61 Increased By ▲ 2.08 (3.13%)
FFL 11.35 Decreased By ▼ -0.11 (-0.96%)
HUBC 111.76 Increased By ▲ 1.18 (1.07%)
HUMNL 14.31 Decreased By ▼ -0.32 (-2.19%)
KEL 5.22 Decreased By ▼ -0.02 (-0.38%)
KOSM 8.98 Increased By ▲ 0.87 (10.73%)
MLCF 39.43 Decreased By ▼ -0.64 (-1.6%)
NBP 60.29 Decreased By ▼ -0.22 (-0.36%)
OGDC 194.94 Decreased By ▼ -0.53 (-0.27%)
PAEL 26.69 Decreased By ▼ -0.41 (-1.51%)
PIBTL 7.48 Decreased By ▼ -0.16 (-2.09%)
PPL 155.77 Decreased By ▼ -0.05 (-0.03%)
PRL 26.68 Decreased By ▼ -0.69 (-2.52%)
PTC 18.30 Decreased By ▼ -0.26 (-1.4%)
SEARL 83.02 Decreased By ▼ -2.08 (-2.44%)
TELE 8.23 Increased By ▲ 0.33 (4.18%)
TOMCL 34.55 Decreased By ▼ -0.33 (-0.95%)
TPLP 8.81 Decreased By ▼ -0.41 (-4.45%)
TREET 16.70 Decreased By ▼ -0.11 (-0.65%)
TRG 62.45 Decreased By ▼ -0.41 (-0.65%)
UNITY 27.44 Decreased By ▼ -0.31 (-1.12%)
WTL 1.28 Decreased By ▼ -0.02 (-1.54%)
BR100 10,187 Increased By 2.5 (0.02%)
BR30 31,336 Decreased By -66.4 (-0.21%)
KSE100 95,546 Decreased By -310.2 (-0.32%)
KSE30 29,578 Decreased By -104.7 (-0.35%)

Speakers at a seminar on "Danger-silence at work" organised by Institute of Cost and Management Accountants of Pakistan (ICMAP), said it was essential that employees, who were worried about possible or actual wrongdoing, were able to safely raise their concerns with the related authorities.
"This not only prevent (someone) doing really wrong, but will also promote accountability and show good corporate governance," they added. The law that protects whistle-blowers is in public interest so people are encouraged to speak out if they find malpractice in an organisation.
An employee can be protected from victimisation as a whistle-blower if she/he reveals information of the right type (qualifying disclosure) to the right person and in the right way (a protected disclosure).
The law covers types of malpractice, which are criminal offences, failure to comply with the legal obligation, miscarriages of justice, threats to peoples' health and safety and damage to the environment. The law also covers the deliberate attempt to cover-up any of these.
ICMAP President Sher Afgan Malik, Dr A K Khanzada MNA, Fatima Shah, Attaullah Vice Chairman Karachi Branch Council spoke on the occasion. The seminar was attended by representatives of national and multinational companies, chief executives, CFOs, economists and scholars besides ICMAP members.-PR

Copyright Business Recorder, 2006

Comments

Comments are closed.