At VANDREZZER Energy Services Limited, we are committed to the highest standards of ethical conduct and integrity in our business activities both in the Nigeria and overseas.
This policy outlines VANDREZZER’s position on prohibiting and preventing bribery, fraud, dishonesty, and illegal activity of which VANDREZZER takes a zero-tolerance approach. To ensure this, we are committed to implementing effective measures to prevent, monitor and eliminate the aforementioned.
This policy applies to all employees of the VANDREZZER, and to temporary workers, consultants, contractors, acting for, or on behalf of, VANDREZZER within Nigeria and overseas. Every employee and associated person acting for, or on behalf of, VANDREZZER is responsible for maintaining the highest standards of business conduct. Any breach of this policy is likely to constitute a serious disciplinary, contractual and criminal matter for the individual concerned and may cause serious damage to the reputation and standing of VANDREZZER.
In compliance with statutory legislations and to embed commitment to integrity and honesty, VANDREZZER will not sanction the following: –
- Give or offer any payment, gift, hospitality or other benefit in the expectation that a business advantage will be received, or to reward any business received.
- Accept any offer from a third party that is known or suspected to be made with the expectation that the Company will provide a business advantage for their business or anyone else.
- Give or offer any payment to a government official in any country to facilitate or speed up a routine or necessary procedure.
- Unlawfully or inadvertently acquire, use or disclose to any third party any proprietary information or intellectual property of another party.
- Engage in any business practice which is unethical or amounts to unfair competition.
- Engage in any activity or business practice whether unilaterally or in conjunction with any other party which is in breach of any applicable competition and/or anti-trust law as applicable in the relevant jurisdiction.
- Unlawfully induce any party to breach a contract with any third party.
- Make false statements about a competitor’s products and/or services.
- Report to line management or the Compliance Line any behavior that they believe may not be in accordance with the Code of Conduct or this Ethics Policy Statement.
- The Board of Directors are fully committed to ensure compliance and effective implementation of this policy.
