Legal

Anti-Bribery & Anti-Corruption (ABAC) Policy

Anti-Bribery & Anti-Corruption (ABAC) Policy

Policy Statement

KRYDO Energy Limited conducts business with honesty, integrity, fairness, and transparency, and maintains a zero-tolerance approach to bribery and corruption. This policy applies to all directors, employees, contractors, consultants, suppliers, agents, business partners, and anyone acting on our behalf.

Purpose

  • Prevent bribery and corruption
  • Promote ethical conduct
  • Ensure compliance with anti-corruption laws
  • Protect our reputation and integrity

Our Commitment

  • Conduct business honestly and ethically
  • Reject all bribery, corruption, fraud, and improper influence
  • Maintain accurate records and transparent practices
  • Cooperate with regulators where required
  • Foster accountability and ethical decision-making

Prohibited Conduct

  • Offering, promising, authorizing, or giving a bribe or improper payment
  • Requesting, soliciting, or accepting a bribe or personal benefit for advantage
  • Making facilitation or unofficial payments where prohibited
  • Falsifying records or concealing improper transactions
  • Using third parties for corrupt practices

Gifts, Hospitality & Entertainment

Acceptable only when lawful, appropriate, not intended to influence, transparent, accurately recorded, and free of conflicts of interest. Decline anything that could compromise impartiality.

Conflicts of Interest

Avoid situations where personal interests conflict with the company's; disclose actual or potential conflicts promptly.

Third-Party Relationships

Partners are expected to uphold the same standards; due diligence may be conducted where appropriate.

Record Keeping

Maintain complete, accurate, transparent books and records; false or incomplete records are prohibited.

Reporting Concerns

Report suspected bribery, corruption, fraud, or violations in good faith; reports are handled seriously and confidentially; no retaliation for good-faith reports.

Compliance

Non-compliance may result in disciplinary action, termination, and referral to authorities.

Review

This policy is reviewed periodically. Integrity is the foundation of every decision we make.