Corporate Ethics: A “friend” needs Advice

A friend asks:

"A guy i work with (let's call him Bob) is trying to do some self-promotion to my boss. In doing so, Bob is providing bad info to my boss, misleading him in a few instance, and just flat out lying in others, all trying to make himself (Bob) look good. Should i tell my boss? How to do it without looking like a bitter competitor?"

Good quesion.

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