2 Aisyah is a bank manager of Malaysia National Bank (MNB), noted something irregular related to a loan valuation. Aisyah saw that the commercial loan of Fantastic Developments had been randomly selected for confirmation even though Fantastic Developments had not responded to either the initial or second confirmation request by the audit team. The audit team disposed of this "loose end" by alternate procedures: examining cash collections (which had become somewhat sporadic) and vouching to underlying loan documentation, including a set of recent (unaudited) financial statements that showed Fantastic Developments solid financial position and operating profitability. She knew that the company had been struggling for a couple of years and had experienced recurring operating losses. Her knowledge of Fantastic Developments did not reconcile with the discussion in the audit working papers related to the financial statements furnished to the bank. Aisyah wonders whether the financial statements which Fantastic furnished to the bank as a basis for a loan application are fraudulent and decided to report it to MNB even whistle blowing is not a practice in MNB. Required: a. b. Explain the advantages of being an ethical person. (4 marks) Psychological nature of man based on Al-Ghazzali description consists of four (4) elements which includes sage, pig, dog and devil. Briefly explain these four elements. C. Examine Aisyah's situation according to Virtue Ethics. d. (4 marks) (6 marks) The recent development in the Malaysian capital market has emphasized on the importance of whistleblower roles in companies. In this relation, propose three (3) initiatives for MNB to encourage whistle blowing among its employees. (6 marks) (Total: 20 marks)