"For governments looking for a cheap, easy way to curb fraud and corruption in government contracts, the American False Claims Act
seems like a no lose proposition. It authorizes private citizens to
file civil suits against companies they believe have cheated the federal
government, and if their suit succeeds, the citizen is entitled to
anywhere between 15 to 30 percent of any damages the government
collects. The offer of a reward creates an army of volunteer
investigators and lawyers willing to invest their own time and energy
into ferreting out fraud and corruption. If they win the case, the
government recoups most of its losses. If they lose, the government
isn’t out a cent. The data
suggests that False Claims Act suits have indeed been a bonanza for the
U.S. government. Recoveries in recent years have exceeded $2 billion
per year with an average of $1.7 billion going to the government and the
rest to citizen sleuths."
Read the post by Rick Messick, in the Global Anticorruption Blog: https://globalanticorruptionblog.com/2016/04/20/should-other-countries-enact-a-false-claims-act/
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