Whistleblowers who may have been complicit in acts of fraud against the government could be rewarded with a share of the assets seized from the other criminals involved, according to plans unveiled by the Home Office yesterday. The Independent. Financial Times
The measure is the most controversial of a proposerd raft of powers in a consultation document aimed at doubling the criminal assets seized annually by law enforcement agencies over the next three years.
The scheme, outlined in a consultation document yesterday, is based on the so-called qui tam initiative in the US that has netted assets worth £5.5bn since 1986. Under the scheme, informants are awarded up to 30% of seized assets.