Anticorruption Measures. The Borrower shall comply with IFAD Policy on Preventing Fraud and Corruption in its Activities and Operations.
Anticorruption Measures. The Borrower shall: (a) undertake necessary measures to create and sustain a corruption-free environment; (b) ensure that its anticorruption laws and regulations and ADB’s Anticorruption Policy (1998) are strictly enforced and are being complied with during Project implementation, and that relevant provisions of ADB’s Anticorruption Policy (1998) are included in all bidding documents for the Project; (c) facilitate ADB’s exercise of its right to investigate, directly or through its agents, any alleged corrupt, fraudulent, collusive or coercive practices relating to the Project; (d) ensure that the Project Executing Agency conducts periodic inspections on the contractors’ activities related to fund withdrawals and settlements; and (e) ensure that all contracts financed by ADB in connection with the Project include provisions specifying the right of ADB to audit and examine the records and accounts of the Project Executing Agency and all contractors, suppliers, consultants and other service providers as they relate to the Project.
Anticorruption Measures. The Borrower shall cause PEPCO to ensure that ADB’s Anticorruption Policy (1998, as amended to date) is followed throughout the implementation of the Support Project, it being understood that ADB reserves the right to investigate, directly or through its agents, any alleged corrupt, fraudulent, collusive or coercive practices relating to the Support Project and the Facility. All bidding documents and contracts in connection with the Support Project shall include provisions specifying the right of ADB to audit and examine the records and accounts of and all contractors, suppliers, consultants and other service providers as they relate to the Support Project. The Borrower shall extend full cooperation and all necessary assistance, including access to all relevant contracts, accounting and bookkeeping records, as well as engagement of independent experts that may be needed for satisfactory completion of such investigations. An independent audit of procurement activities shall be carried out as required by ADB during the implementation of the Support Project, and any external costs related to such audit/investigations are be borne by PEPCO.
Anticorruption Measures. The Recipient shall comply with IFAD Policy on Preventing Fraud and Corruption in its Activities and Operations.
Anticorruption Measures. The Borrower/Recipient, the Lead Programme Agency shall comply with IFAD Policy on Preventing Fraud and Corruption in its Activities and Operations, as may be amended from time to time.
Anticorruption Measures. The Borrower shall comply with and shall cause MOR and the Project Company to comply with ADB’s Anticorruption Policy. The Borrower agrees that ADB reserves the right to investigate, directly or through its agents, any alleged corrupt, fraudulent, collusive or coercive practices relating to the Project. In particular, the Borrower shall (a) ensure that MOR and the Project Company conduct periodic inspections on the contractors’ activities related to fund withdrawals and settlements; (b) cause MOR and the Project Company to ensure that all contracts financed by ADB in connection with the Project include provisions specifying the right of ADB to audit and examine the records and accounts of MOR and the Project Company and all contractors, suppliers, consultants and other service providers as they relate to the Project; (c) cause MOR to ensure that a supervisory body is established for prevention of undue interference in business practices and adequate resources are made available for its effective operation; (d) cause MOR to ensure that a leading group of officials from the Discipline Unit and Supervision Department of the MOR is located in offices involved in the bidding, construction and other operational activities under the Project; and (e) cause MOR to ensure that relevant provisions of ADB’s Anticorruption Policy are included in all bidding documents for the Project. The Borrower shall also cause MOR and the Project Company to initiate liaison meetings with the Prosecutor’s Office, on a needed basis, where warnings about or information on corrupt practices can be discussed.
Anticorruption Measures. The Borrower shall cause MOR to ensure that (i) a supervisory body is established for prevention of undue interference in business practices and adequate resources are made available for its effective operation and (ii) a leading group of officials from the Discipline Unit and Supervision Department of the MOR is located in offices involved in the bidding, construction and other operational activities under the Project. The Borrower shall also cause MOR and the Project Company to initiate liaison meetings with the Prosecutor’s Office, on a needed basis, where warnings about or information on corrupt practices can be discussed.
Anticorruption Measures. The Recipient shall comply with, and shall cause MoEYS to comply with ADB’s Anticorruption Policy (1998, as amended to date). The Recipient (i) acknowledges ADB’s right to investigate, directly or through its agents, any alleged corrupt, fraudulent, collusive or coercive practices relating to the Project; and (ii) agrees to cooperate fully with, and to cause MoEYS to cooperate fully with any such investigation and to extend all necessary assistance, including providing access to all relevant books and records, as may be necessary for the satisfactory completion of any such investigation.
Anticorruption Measures. The Borrower shall comply with, and shall cause PTSMI to comply with ADB’s Anticorruption Policy (1998, as amended to date) and the Policy relating to Enhancing ADB’s Role in Combating Money Laundering and the Financing of Terrorism (2003). The Borrower
Anticorruption Measures. The POEs shall comply with ADB’s Anticorruption. The POEs (i) acknowledge ADB’s right to investigate, directly or through its agents, any alleged corrupt, fraudulent, collusive or coercive practices relating to the Project; and (ii) agree to cooperate fully with any such investigation and to extend all necessary assistance, including providing access to all relevant books and records, as may be necessary for the satisfactory completion of any such investigation.
