Anti-Bribery & Anti Corruption Policy
Anti-Bribery & Anti Corruption Statement
CM Logistics Pte Ltd is committed to conduct all of our business in an honest and ethical manner. We take a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly and with integrity in all our dealings, wherever we operate.
It is our policy to comply with the applicable laws in the countries where the Company operates,
including local anti-corruption and anti-bribery laws. The laws that may apply to the Company include the Prevention of Corruption Act, Chapter 241 of Singapore (“Prevention of Corruption Act”).
This policy applies to individual employees, agents, suppliers, consultants or any other people or bodies associated with CM Logistics Pte Ltd or any of its subsidiaries and employees.
• The Prevention of Corruption Act (Singapore)
The Prevention of Corruption Act (Singapore) makes it a crime for any person, by himself or together with any other person, to corruptly give, promise or offer to any person any gratification as an inducement to or reward for any person doing or forbearing to do anything in respect of any matter or transaction whatsoever, actual or proposed. The Act specifically prohibits such payments, promises or offers to any member, officer or servant of a public body.
The Prevention of Corruption Act also makes it a crime for any person, by himself or in conjunction with any other person, to corruptly solicit or receive, or agree to receive for himself or for any other person, any gratification as an inducement to or reward for any person doing or forbearing to do anything in respect of any matter or transaction, actual or proposed.
These prohibitions explicitly apply to actions by agents.
The punishment for such offences includes a fine not exceeding $100,000 or imprisonment for a term not exceeding 5 years or to both.
The purpose of this policy is to:
- set out an employee’s responsibilities in the detection and prevention of bribery in all its forms, and in observing and against any bribery and corruption; and
- provide information and guidance on how to recognise and deal with bribery and corruption issues.
