Arab News, 5 February 2024: Saudi Arabia’s General Authority of Endowments has announced a new whistleblowing strategy.
Under the strategy, whistleblowers who report unauthorised endowments with a value of more than nine million Riyals will be rewarded with a cut of any funds seized.
The Authority also approved new legislation to protect whistleblower rights.
They have done so to encourage the public to report unauthorised endowments.
Rewards for tipoffs that lead to a seizure will be capped at 5% of the total confiscated funds or one million Riyals.
Reports must meet specific criteria, including being submitted online. The endowment must also have no supervisor and appropriate documentation must be provided.
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