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The ASIC Senate Inquiry delivers a reminder that whistleblowers should be protected, not punished

Institutions that do the wrong thing usually do what they can to cover it up.

That’s the force a whistleblower is up against.

Getting someone to listen is another challenge.

Stephen Helberg, a trained auditor with 40 years’ experience – including holding senior roles at corporate giants Rio Tinto, Orica and EY – spoke up many times, but nobody listened.

He told the men who hired him, took legal action, assisted investors who saw their life savings torched, and tipped off the corporate regulator.

Last week he appeared in front of a Senate inquiry into the performance of ASIC, chaired by Senator Andrew Bragg. Helberg named names and…

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