Namibia: Agribank introduces nameless whistleblower platform

The Agricultural Financial institution of Namibia (Agribank) has launched an nameless whistleblower platform the place unethical, corrupt or fraudulent actions might be reported by staff, members of the general public and different stakeholders. In a press release issued yesterday, the financial institution mentioned it’s dedicated to the very best requirements of moral, moral and authorized enterprise conduct.

ÔÇťAgriBank considers moral enterprise habits the accountability of everybody within the Financial institution, and that is mirrored not solely in {our relationships} with one another, but in addition with our prospects, suppliers, shareholders and different stakeholders. AgriBank’s Code of Conduct and associated Company insurance policies are key elements of its dedication to excessive requirements of enterprise and private ethics within the conduct of its enterprise”, learn the assertion from Agribank’s spokesperson, Philemon Nangonya.

The introduction of the Whistleblower Platform is meant to offer holistic steerage for reporting considerations and/or wrongdoings, and encourage staff, prospects and all different stakeholders to contact AgriBank as a substitute of ignoring the problem or reporting such considerations by means of unfair channels. To encourage to lift considerations inside.

By means of the Whistleblower Platform, AgriBank’s stakeholders or members of the general public can report a spread of points together with legal offenses (comparable to fraud, bribery, corruption, theft and receipt of facilitation funds); Failure to adjust to legal guidelines (ie non-compliance with anti-money laundering necessities); and misuse and harm of firm property.

Nangonya famous that customers of the financial institution’s whistleblowing reporting platform should act in good religion, and are due to this fact inspired to not make false allegations when reporting any considerations. “Good religion is when a disclosure is made with out consideration of malice or private achieve, and the complainant has affordable grounds to imagine the report back to be true.