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Mbeki gives evidence in the commission of inquiry over arms corruption scandal (Plus what you can do to prevent corruption in your workplace)

by , 18 July 2014
Yesterday, former President Thabo Mbeki took the stand before the Seriti Commission of Inquiry to shed some light into the Arms Deal. The commission was set up to investigate fraud and corruption related to the multibillion rand arms deal.

According to Eye Witness News, at the time of the Arms Deal procurement, Mbeki was the deputy president under Nelson Mandela. It was him who chaired the cabinet committee responsible for the deal and signed off on contracts related to it.

The inquiry into the Arms Deal, the biggest corruption scandal in the history of South Africa, has certainly cast the spotlight on the problem of corruption.

Since your company isn't immune to fraud and corruption, continue reading to find out how to prevent this scourge so it doesn't cripple your business.

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Here's how to prevent corruption in your workplace

Corruption is one of the biggest problems our country faces.

The SABC reports that incidents of corruption are now so common that people have become complacent about paying bribes for anything from traffic fines to driver's licenses to official documents.

If you're a business owner, you can't afford to sit back and accept the status quo. You have to tackle corruption head on so it doesn't cripple your business.

How do you do this?

When it comes to corruption prevention is better than cure.

In this article, our labour experts say, to prevent corruption in the workplace, you must have a Gifts and Bribes Policy.

This policy must detail what constitutes corruption, bribes, gifts, conflict of interest and how you deal with these issues.

You see, a gift from a supplier could lead to corruption. He could, for example, give your employees gifts so they grant his company preferential treatment.

So you need to make it clear on how you deal with gifts, for example, whether or not you accept gifts in your business.

You also need to ensure your employees and your business partners are aware that you don't tolerate any form of corruption.

There you have it: You must prevent corruption in your workplace with a Gifts and Bribes Policy. If you need information on how to draw up a Gifts and Bribes Policy, be sure to check out the Practical Guide to Human Resources Management.




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