How should a company reward employees who blow the whistle on anomalous deals that could have cost the firm's owners tens of millions of pesos more — over a hundred million pesos, actually — and help stop the transaction. Most companies would give such an employee a commendation or even a promotion. But apparently not at Philippine National Bank, where a group of employees who red-flagged a transaction covering the cost of repairs for taipan Lucio Tan's private plane, were instead suspended. Biz Buzz was furnished a copy of the complaint letter written by a concerned employee addressed to a PNB director pleading for an explanation why she and her colleagues were suspended after blowing the whistle on a reimbursement request by a person closely linked to the most powerful faction of the Tan family.

https://business.inquirer.net/395583/biz-buzz-pnb-whistleblowers-reward-suspension

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