The MOL Group has established a policy to eliminate bribery and corruption in order to further promote management that adheres to the values and code of conduct related to compliance.
MOL Group will not allow conflict of interest, facility of payment to take illegal benefits and money laundering. Namely, all executives, employees, and seafarers will have to comply with any acts or laws related to Bribery prevention enacted in any countries or areas.
MOL has also established a Compliance Committee, chaired by the Chief Compliance Officer appointed by the Board of Directors, as a subordinate committee of the Executive Committee.
In 2015, it established an Anti-Corruption Policy as an internal rules to be observed by all executives, employees, and seafarers of MOL Group companies.
We will make thorough efforts to prevent any corruption and bribery through above compliance structure and the compliance with internal rules
MOL stated.
