Fraud Blocker Whistleblower & grievance policy - Parakar

Whistleblower & Grievance Policy

Information about the policy

All employees, external and internal, are encouraged to raise genuine concerns about possible improprieties in matters of financial reporting and other malpractices at the earliest opportunity, and in an appropriate manner.

The whistleblowing (anonymous) reporting form is open to any internal or external employees, former employees and third parties such as suppliers and contractors.

This policy is designed to:

  • Support our values
  • Ensure employees can raise concerns without fear of suffering retribution, and
  • Provide a transparent and confidential process for dealing with such concerns

This policy not only covers possible improprieties in matters of financial reporting, but also:

  • Fraud
  • Corruption, bribery or blackmail
  • Criminal offences
  • Failure to comply with a legal or regulatory obligation
  • Miscarriage of justice
  • Act or omission in which the public interest is at stake
  • Endangering the health and safety of an individual
  • Endangering the environment; and
  • Concealment of any of the above


  • All concerns raised will be treated fairly and properly.
  • We will not tolerate the harassment or victimization of anyone raising a genuine concern.
  • Any individual making a disclosure will retain their anonymity unless they agree otherwise.
  • We will ensure that any individual raising a concern is aware of who is handling the matter.

We will ensure no one will be at risk as a result of raising a concern even if they are mistaken. This also applies to those who have assisted with the report, such as the advisor in confidence and concerned colleagues. We do not however extend this assurance to someone who maliciously raises a matter they know to be untrue.

Grievance procedure

Any (internal or external) employee, former employee or third party, who believes reasonably and in good faith that malpractice exists within the workplace of Parakar, he/she/they/them should report this immediately to their manager.

If for any reason they are reluctant to report the malpractice to their manager, they can report their concerns to:

  • The Group General Counsel, or
  • The Group HR Manager, or
  • The Group Financial Controller

These people have the duty of confidentiality.
Any person filing a report, hereinafter is referred to as “Whistleblower”.

Whistleblowers concerned about speaking to another member of staff can report anonymously via the link below. Internal employees can also report via their Personio-dashboard.
In this case their concerns will be reported to the Company without revealing their identity.

If these channels have been followed and the Whistleblower still has concerns, or if the Whistleblower feels the matter is so serious that it cannot be discussed with any of the people above, they can contact Parakar’s Founder/CEO.

For the avoidance of doubt, if the Whistleblower prefers to report a concern immediately via the link on Parakar’s website or Personio without speaking to the above channels, we give him/her/they that possibility.

The Whistleblower also has the opportunity to seek advice, or file a report of a concern with the Dutch Whistleblowers Authority (“Huis voor Klokkenluiders”).



Process after reporting

The Whistleblower who has reported their concerns, will be informed within 2 working days of the following:

  • Who is handling the matter,
  • How they can make contact with them, and
  • If any further assistance is required.

We will give as much feedback as we can without any infringement of the duty of confidence owed by us to someone else.

The timeline for the final decision depends on the circumstances of the case. However, the Whistleblower will receive a status of the complaint every 10 days.

Parakar will inform the Whistleblower of the results of the investigation, even if the company decides not to take further actions.

The Whistleblower’s identity will not be disclosed without prior consent. Where concerns are unable to be resolved without revealing their identity, e.g. if their evidence is required, Parakar will enter into a dialogue with Whistleblower concerned as to whether and how we can proceed.

Office Netherlands +31 85 2010 004
Office Germany +49 3222 109 47 14
Office Ireland +353 15 137 854
Office Belgium +32 2 592 0540
Office France +33 18 48 89 879
Office Spain +34 932 201 410
Office UK +44 2036 0862 58
Office Italy +39 0282 944 661
Office Portugal +351 305510191
Office Poland +48 221031254