Megatech Limited is committed to delivering good governance and has always expected its directors and staff to meet the highest standards of business conduct.
The Bribery Act 2010 came into force on 1 July 2011. The aim of the act is to tackle bribery and corruption in both the private and public sector.
The Act defines the following key offences regarding bribery: • Active bribery (offering, promising or giving a bribe);
• Passive bribery (requesting, agreeing to receive or accepting a bribe); and • Bribery of a foreign public official.
The Act also sets out a corporate offence of failing to prevent bribery by an organisation not having adequate preventative procedures in place.
One of the six principles of the Act demand that there is top level commitment in the organisation for preventing bribery. Megatech Limited , its holding company and its subsidiaries are committed to ensuring compliance with the Act and discussions have been held at the Board to ensure that the requirements of the Act are fully complied with.
At Megatech Limited, we follow Best Practice and have robust controls, policies and procedures in place to prevent bribery.
On behalf of Megatech limited I would like to re-affirm our commitment to ensuring that Megatech Limited is free from bribery and that all staff are aware of their responsibilities in relation to the prevention of bribery.
Quentin Jones Managing Director