TESAR is committed to conducting its business in an honest, ethical, and transparent manner. The foundation and all its personnel shall act professionally, fairly, and with integrity in all business dealings and relationships.
TESAR shall ensure full compliance with all relevant anti-bribery and anti-corruption laws applicable to its operations in Nigeria, the United Kingdom, the United States, and elsewhere. These include, without limitation:
- The Constitution of the Federal Republic of Nigeria, 1999 (as amended);
- The Economic and Financial Crimes Commission (Establishment) Act, 2004;
- The Criminal Code Act, Laws of the Federation of Nigeria, 2004;
- The Anti-Money Laundering Act, 2020 (Act 1044);
- The Financial Administration Act, 2003 (Act 654);
- The United Kingdom Bribery Act, 2010;
- The United States Foreign Corrupt Practices Act of 1977 (FCPA); and
- The OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.
TESAR shall implement and enforce an effective compliance system designed to prevent, detect, and address bribery and corruption in all its forms. All employees, partners, agents, and representatives of the foundation are required to observe and uphold the foundation’s position on bribery and corruption.
The foundation shall also ensure that all personnel are provided with adequate information, guidance, and training on how to recognize, prevent, and appropriately respond to bribery and corruption risks.
If you become aware of any instance of non-compliance with this statement or any applicable law or regulation on bribery and corruption by any member, employee, agent, or representative of TESAR, please report it promptly and confidentially to: compliance@tesarfoundation.org