Page 67 - Barclays Bank (B)
P. 67
Whistle Blowing
Barclays £3.9m-a-year chief executive, Jes Staley, had
however, been under investigation by regulators since
April 2017 over the way he handled a whistleblowing
incident where he twice tried to uncover the identity of
the whistleblower who had written anonymously twice in
2016 to the bank’s board to make allegations accusing
Staley of covering up the personal problems of a friend,
who had been recently recruited to a senior position.
“They also raised questions over the appropriateness of
the recruitment process followed on this occasion by
Barclays.” (1)
Staley regarded the letters to
be “ an unfair personal attack
on the senior employee”. and
tried to identify the author,
ordering the bank’s security
team to investigate.” (2)
Staley said he had not been
aware of the fact that it was not permissible to identify
the author of the letters. Whistleblowers are protected
and are not allowed to be treated unfairly or lose their
job for reporting wrongdoing. (2)
