Director General of the Anti-Corruption Bureau (ACB), Reyneck Matemba, has advised newly-formed fraud whistle-blowing firm, Tip Wink, to ensure that it always protects identity of people who report suspected corrupt practices.
Matemba was speaking at the launch of the company, which is a subsidiary of Fletcher and Evance.
He said Malawi lacks a comprehensive legal framework on protecting whistleblowers, hence the need for firms to ensure that those who give tips on fraud related reports are protected.
“We need the law because we all have a mandate to report fraud. I have therefore, urged this newly launched company to ensure that the identity of whistleblowers is protected, to make more people report on fraud related cases,” he said.
Fletcher and Evance Head of Forensic and Investigations, Handsome M’bwana, said the company would like to work with the ACB by reporting fraud happening in both the private and public sectors.
“We are targeting private companies but we may also go into the public sector. We will need to be guided by the ACB on how we can best go about this, seeing that Tip Wink is a service that we need as a country.
“We would like to build a culture that fights corruption, fraud and money laundering happening in the private sector. We will get tips from the general public through our website, mobile application and social media platforms,” M’bwana said.
The company plans to work with different stakeholders, including insurance companies and other organisations that are interested in joining the fight against fraud.