The purpose of this policy is to ensure that our staff, suppliers and other interested parties complies with domestic and foreign anti-bribery and corruption laws, prohibiting improper payments, gifts or inducements of any kind to and received from any person, including officials in the private or public sector.
Creseada is commitment to:
(a) conducting its business fairly, honestly, accountably and transparently;
(b) complying with the provisions of the United States Foreign Corrupt Practices Act of 1977, as amended (“FCPA”), the U.K. Bribery Act of 2010 (“UKBA”), Independent
Corruption Practices and Other Related Offences Act of 2000 (“ICPC’’), Economic Financial Crimes Commission Act of 2004 (‘’EFCC’’) and all other equivalent anti-corruption and/or anti-bribery legislation applicable to the Company;
(c) not making, offering or accepting inducements or bribes, whether directly or indirectly, to gain business advantages or for any other purposes;
(d) communicating the requirements through different channels to all personnel, suppliers, contractors and other interested parties.
We seek to ensure that bribery and corruption prevention are effectively communicated to employees and our interested parties by conducting annual training on Anti-bribery and Corruption to raise overall awareness and successful practices across our system.
Review and Monitoring
Creseada reviews the extents to which employees are complying with policies and following procedures, particular through accurate record-keeping and effective audits.
Breach of this policy by employees shall not be tolerated and can lead to disciplinary and other actions up to and including termination of employment.
Breach of this policy by our contractors, suppliers, vendors, consultants or other business partners may lead to the termination of such business relationships.