ICYMI: Whistleblower Amjad Rihan has won $10.8m damages from his former employer EY 6yrs after being pushed out for exposing a multi-billion-dollar cover-up in EY’s audit of Dubai gold refiner Kaloti.
Here's some highlights from the judgment ⚖️👇🔥THREAD - 1/8
Here's some highlights from the judgment ⚖️👇🔥THREAD - 1/8
The 133-page decision is a HUGE victory for whistleblowing. 😇🍾🎺🎉
Perhaps EY imagined dragging Rihan & his family through a miserable legal claim would placate powerful figures in Dubai, or serve as a warning to other potential WBs.
If so, the plan has backfired 2/8
Perhaps EY imagined dragging Rihan & his family through a miserable legal claim would placate powerful figures in Dubai, or serve as a warning to other potential WBs.
If so, the plan has backfired 2/8
In court, EY claimed Rihan was a liar and a fantasist, a self-publicist and a paranoid conspiracy theorist.
The judge did not agree. ⚖️🎉 He found that the more Rihan was attacked, the clearer it became that the whistleblower was “truthful and honest”. 3/8
The judge did not agree. ⚖️🎉 He found that the more Rihan was attacked, the clearer it became that the whistleblower was “truthful and honest”. 3/8
Meanwhile, the more the judge heard from EY, the more he found the firm’s top partners & lawyers were “intimidatory”🔥, “unreliable”🔥, “lacking in candor”🔥, “insincere”🔥 and “uninterested in questions of professional ethics”🔥🔥🔥 4/8
The judge picked out testimony from Mark Otty, EY’s London-based head of the EMEIA region.
Otty's words were “calculating and given in search of legal advantage, without regard for objective truth or accurate recollection” 🔥 And there was more👇 5/8
Otty's words were “calculating and given in search of legal advantage, without regard for objective truth or accurate recollection” 🔥 And there was more👇 5/8
As well as shredding EY’s reputation for truthfulness in court, the judge went to the heart of whistleblower allegations concerning EY’s audit work for the Dubai gold firm. He fully believed Rihan’s claims of a cover-up, finding EY acted without integrity or objectivity. 6/8
According to EY’s website, Otty has been reassigned to work in EY’s emerging markets division from the firm’s offices in Dubai.
Perhaps EY figures his approach to objectivity, truthfulness & integrity will be better appreciated in Dubai than in the UK courts.7/8
Perhaps EY figures his approach to objectivity, truthfulness & integrity will be better appreciated in Dubai than in the UK courts.7/8
For the backstory on Rihan’s revelations about the Dubai gold industry, please see this thread:
For more detail on the case brought against EY by @LeighDay_Law: leighday.co.uk/News/Press-rel… 8/8
https://twitter.com/sbowers00/status/1188781614815465472
For more detail on the case brought against EY by @LeighDay_Law: leighday.co.uk/News/Press-rel… 8/8
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