COLUMN
Integrity, Transparency & Anti-Corruption
T
he Wallem Group understands that our reputation is reliant upon our integrity and on the highest standards of corporate governance.
The Group has strong management controls in place, solid risk management, transparency in our customer interactions, and full compliance with applicable regulations. Our culture centres around our True North Values, covering how we treat one another and our customers and ensuring all communication is honest and transparent. A Code of Conduct binds all our staff to observe these requirements, values and commitments. Wallem is dedicated to the long-term sustainability of our business. In addition to being members of various regulatory bodies to ensure that we stay up to date and informed of the latest
of many maritime regulations, we have also been members of The Marine Anti-Corruption Network (MACN) since 2015. This initiative is aimed at working towards the elimination of all forms of maritime corruption by raising awareness of the challenges faces, implementing the MACN Anti-Corruption Principles and co-developing and sharing best practices; collaborating with governments and other bodies to identify and mitigate the root causes of corruption and promote integrity within the maritime industry. As a member, Wallem is one of various like-minded companies dedicated to promoting compliance with anticorruption laws and committed to the elimination of corrupt practices. As a member of MACN, we are part of a global network combating bribery and corruption in the maritime industry by sharing information and best practices and developing useful tools and measures.
Charlie Bussayabuntoon, General Manager of Wallem Ship Agency Myanmar says, “Anyone who has worked in the Southeast Asia region knows how these situations come about. My response is to say outright that I don’t conduct business in this way and that my company has a strict anti-bribery policy. I try not to position myself in situations where this may come about in the first place. I fully support our anti-bribery policy.”
Tu Anh Bui, General Manager of Wallem Ship Agency Vietnam says, “I would immediately reject and report any attempted bribery I encountered and encourage my staff to do the same. I am fully aware of our anti-bribery policy, which is a essential part of our Code of Conduct and support it fully. The recent anti-bribery eLearning course acted as a good refresher training to remind everyone of the importance of adhering to this policy.” Issue 3 2017
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