Aliran Ihsan Resources Berhad (“AIRB”) is committed to apply Anti-Bribery and Anti-Corruption (ABAC) to the highest standards of ethical conduct, integrity and corporate governance in its business activities. Every employee, individual and entity acting on behalf of AIRB is responsible for conducting the company’s business with honesty and in a professional manner being compliant with legal framework.
AIRB believes that bribery, corruption and corrupt practices have detrimental impact not only on business by undermining good governance and distorting free markets but in larger spectrum damage societal setup economically. Corruption is an intricate phenomenon with economic, social, political and cultural dimensions, which cannot be easily eliminated.
AIRB has zero tolerance in respect of any form of bribery, corruption and corrupt practices by, or of, its employees or any persons or companies acting for or on its behalf. The Board and senior management are committed to implementing and enforcing effective systems to prevent, monitor and eliminate bribery, corruption and corrupt practices pursuant to laws of the country in which jurisdiction AIRB conducting its business.
The ABAC policy not only applies to all its employees but including the individuals and entities with whom AIRB deals with. For effective implementation of this policy the employees working at AIRB are required to get acquainted and familiarize themselves with this policy and comply with it. To flourish an anti-bribery and corruption culture in the company, the employees and others acting for and on behalf of AIRB are strictly prohibited from making, soliciting or receiving any sort of bribes or unauthorized payments and get indulged in corrupt practices.
AIRB refrains from conducting business with service providers or representatives that do not adhere to and support the AIRB’s anti-bribery and anti-corruption policy and objectives. Therefore, the success of AIRB’s anti-bribery measures depends on everyone playing their role in helping to detect and eradicate bribery.