EKANEC maintains a zero-tolerance approach to bribery and corruption across employees, managers, subcontractors, suppliers, and business partners.
Corporate Policy
EKANEC maintains a zero-tolerance approach to bribery and corruption across employees, managers, subcontractors, suppliers, and business partners.
This policy establishes EKAN International Construction Energy Contracting and Trade Limited Company's zero-tolerance approach to bribery and corruption in all operations. It supports compliance with national and international laws, an ethical business culture, and credibility with customers and business partners.
This policy applies to all employees, managers, subcontractors, suppliers, and business partners of the company.
Bribery means any material or immaterial value given directly or indirectly to gain a business advantage. Facilitation payments are small payments made to expedite official procedures and are strictly prohibited. Gifts and hospitality are business gifts or invitations, accepted only within reasonable, symbolic, and legal limits.
Employees must never give or receive bribes. Payments to public officials or private sector representatives to gain business advantages are prohibited. Gift and hospitality practices must comply with company-approved procedures. Anti-bribery clauses must be included in contracts with third parties.
Employees must comply with all provisions of the policy. Managers are responsible for informing employees and ensuring implementation. The compliance unit oversees enforcement, evaluates reports, and takes necessary action.
Employees can report suspicious situations or policy violations confidentially. The company does not impose sanctions on good-faith reports. Violations may result in disciplinary action, termination of employment contracts, and notification of legal authorities when necessary. The policy is reviewed and updated at least once a year.
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