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Rewards for Reporting Corruption and Public Interest Violations Set at 30% of Recovered Funds; 3 Billion Won Cap Abolished

Rewards for Reporting Corruption and Public Interest Violations Set at 30% of Recovered Funds; 3 Billion Won Cap Abolished
▲ Anti-Corruption and Civil Rights Commission

Going forward, whistleblowers reporting acts of corruption and public interest violations will be eligible to receive a reward of 30% of the recoverable amount without any cap.

The Anti-Corruption and Civil Rights Commission announced on Tuesday, September 22, that partial amendments to subordinate decrees, including the Enforcement Decree of the Act on the Prevention of Corruption and the Establishment and Management of the Anti-Corruption and Civil Rights Commission, were approved at a Cabinet meeting.

Under the current system, reward payments are calculated at rates between 4% and 30%, depending on the bracket of the eligible recovery amount.

This structure drew criticism that the reward percentage shrank as the recoverable amount grew larger.

Under the revision, however, rewards will now be calculated at a flat 30% of the recovered revenue, regardless of the scale of the recoverable amount.

Criteria allowing for reductions based on the whistleblower's degree of contribution and the accuracy of the report will remain in effect.

Furthermore, the previous reward cap of 3 billion won has been completely abolished.

Under the previous system, there was no cap on rewards for reporting public interest violations, but payouts for reporting corruption and violations of the Public Finance Recovery Act were limited to a maximum of 3 billion won.

The revised enforcement decree will take effect on September 29, and the new criteria will apply to compensation applications filed on or after that date.

(Photo courtesy of Yonhap News TV, Yonhap News)
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