ONGC becomes India's first PSU to get certified for Anti-Bribery Management System

ONGC becomes India's first PSU to get certified for Anti-Bribery Management System

Daily Current Affairs / ONGC becomes India's first PSU to get certified for Anti-Bribery Management System

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Category : Awards Published on: July 13 2023

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Oil and Natural Gas Corporation becomes the first Central Public Sector Enterprise (CPSE) in India to receive certification for its Anti-Bribery Management System (ABMS) by INTERCERTUSA, an internationally accredited certification body.
ONGC was the first organization in India that adopted the Integrity Pact (IP) by Transparency International in 2005.
An international accredited certification body InterCert USA allows organizations to prevent, detect and address bribery by adopting an Anti-bribery policy, appointing person(s) to oversee anti-bribery compliance, training, risk assessments and due diligence on projects and business associates, implementing financial and commercial controls, and instituting reporting and investigation procedures.

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