Memorandum to fight corruption in state businesses

Login

Register

http://www.clubofmozambique.com/

Memorandum to fight corruption in state businesses

12:20 CAT | 10 Sep 2016

In file Club of Mozambique / Central Office for the Fight against Corruption

The Mozambican government’s Institute for the Management of State Participations (IGEPE) and the Central Office for the Fight against Corruption (GCCC) signed a memorandum of understanding in Maputo on Thursday intended to improve corporate ethics.

The document, with the declared purposes of stepping up the fight against corruption in the state business sector, was signed by the Chairperson of the IGEPE Board of Directors, Ana Coanai, and by GCCC director, Ana Maria Gemo.

“The memorandum seeks to improve the internal procedures for the operations of the companies that form part of the state”, said Coanai.

For her, the key focus of the document was to establish values of ethic and integrity in the public sector. Through implementing a programme to prevent and fight against corruption, the management and corporate governance of the companies in which the state holds shares would be improved, she said.

The memorandum envisages a five year implementation period, she added, and it would be put into operation through annual plans containing specific actions for both IGEPE and the companies in which the state participates.

For her part, Gemo was optimistic that the memorandum will promote concrete actions against corruption.

“The plans of the GCCC cover public companies and companies in which the state holds shares where there have been cases of violation of the rules on the procurement of goods and services”, she said. “There have also been conflicts of interest, undue payments and violations of the rules on budgetary management”.

“The action that we are undertaking”, Gemo continued, “is intended to repress and prevent crimes of corruption and indeed to do away with them altogether in the state business sector”.

She stressed that the memorandum will allow better channels of communication between IGEPE and the GCCC.

Source: AIM