a.i. Technical Term:
The scenario describes bribery or corruption—the act of offering or receiving something of value to influence the actions of an individual in a position of authority.

a.ii. Necessary Steps:

1. Verify Facts: Aniko should first ensure that all facts and details of the transaction are correct.
2. Document Evidence: Aniko should collect and document all relevant evidence to substantiate the claim of fraud.
3. Consult Company Policy: Review the company’s code of conduct or whistleblowing policy to understand the procedure for reporting such incidents.
4. Confidential Discussions: Aniko should seek confidential advice from trusted sources, such as an independent auditor or legal advisor.
5. Use Internal Reporting Channels: Report the issue to internal authorities like the audit or compliance department, following the company’s whistleblowing protocol.
6. Escalation to External Authorities: If internal reporting fails, Aniko may escalate the matter to external regulatory authorities or law enforcement.
7. Personal Impact Consideration: Consider the potential personal and career risks involved in whistleblowing.
8. Seek Protection: Look for legal protection under whistleblowing laws to avoid retaliation.

b. Likely Risks:

1. Victimization: Aniko could face retaliation from colleagues or management, such as harassment or being ostracized.
2. Job Loss: Exposing the transaction could lead to Aniko’s dismissal, especially if management decides to punish him for going against company decisions.
3. Legal Repercussions: Aniko might face legal challenges, particularly if the company decides to dispute the whistleblowing claim.
4. Personal Safety: In extreme cases, whistleblowing might result in threats to Aniko’s personal safety, depending on the severity of the fraud and those involved.