1. Introduction

The Real Useful Company is committed to maintaining the highest standards of ethics, integrity, and transparency in all aspects of its business operations. As part of this commitment, we adopt a zero-tolerance approach towards corruption and bribery in any form. This Anti-Corruption Policy outlines our principles and guidelines to prevent, detect, and address corruption within our organization.

2. Scope

This policy applies to all employees, contractors, agents, and representatives of The Real Useful Company, regardless of their position or level within the organization. It also extends to interactions with customers, suppliers, government officials, and other external parties.

3. Definitions

  • Corruption: Any form of dishonest or unethical behavior, including bribery, extortion, embezzlement, and any other improper use of influence for personal or organizational gain.
  • Bribery: The offering, giving, receiving, or soliciting of anything of value to influence the actions of an individual in a position of trust.

4. Prohibited Conduct

The Real Useful Company strictly prohibits the following:

a. Bribery and Kickbacks:

  • Offering, giving, receiving, or soliciting bribes or kickbacks in any form.
  • Accepting or providing inappropriate gifts or favors that may influence business decisions.

b. Facilitation Payments:

  • Making or accepting small payments to expedite routine government actions.

c. Conflicts of Interest:

  • Engaging in activities that conflict with the best interests of The Real Useful Company.
  • Failing to disclose potential conflicts of interest.

d. Money Laundering:

  • Engaging in activities that facilitate money laundering or other illegal financial transactions.

5. Responsibilities

All employees, contractors, and representatives of The Real Useful Company are responsible for:

a. Understanding and complying with this Anti-Corruption Policy.

b. Reporting any suspected or observed instances of corruption promptly.

c. Cooperating with investigations into alleged corruption.

6. Reporting Mechanisms

The Real Useful Company encourages the reporting of any suspected or observed instances of corruption. Employees can report concerns to their immediate supervisor, the HR department, or use an anonymous reporting channel, if available.

7. Consequences of Violations

Violations of this Anti-Corruption Policy may result in disciplinary action, including termination of employment or contractual relationship. The Real Useful Company reserves the right to pursue legal action against individuals involved in corrupt practices.

8. Training and Awareness

The Real Useful Company is committed to providing ongoing training and awareness programs to ensure that all employees are well-informed about the risks and consequences of corruption.

9. Review and Revision

This Anti-Corruption Policy will be reviewed periodically and updated as necessary to address emerging risks and changes in regulations.

By adhering to this Anti-Corruption Policy, we aim to foster a culture of integrity, trust, and accountability within The Real Useful Company.