Oireachtas Joint and Select Committees

Wednesday, 11 November 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

General Scheme of a Public Sector Standards Bill: Discussion (Resumed)

2:00 pm

Dr. Elaine Byrne:

It has worked in America because, as a consequence of bringing forward information, whistleblowers get between 10% and 20% of the overall fine and have been paid approximately $15 million in the past four or five years. This gives an idea of the amount of money that has been levied on financial institutions.