Anti Bribe Coalition Launches Standard system for corporate
Posted on: 16/Aug/2011 12:47:40 AM
The Anti Bribe Coalition (ABC) launched Honest Standard system for corporate, institutions, voluntary groups to fight against corruption. Under this new system, the ABC, an offshoot of Exnora International, would be approaching corporates and the Confederation of Indian Industry to voluntarily include Honest Standard in their corporate policy by visiting websites — www.wikihonestcitizen.org or www.antibribecollation.org.
“By adopting the Honest Standard, the companies would not encourage corruption or bribe in their business activities,’ said Capt Pullat, the president of ABC.
Corruption is not just restricted to the government sector, but it has penetrated deep into the private sector as well. When a private company asks its staff to bribe government officials, it is indirectly encouraging them to accept bribes from their vendors, he added.
