Corporate Policy
Anti-Corruption Summary
Granfort maintains a strict zero-tolerance stance toward corruption in any form. This includes bribery, kickbacks, extortion, facilitation payments, or any conduct intended to improperly influence decisions—whether involving government officials or private parties, and whether occurring inside or outside Australia.
All Granfort employees and anyone acting on behalf of the company are prohibited from engaging in corrupt practices. No employee or representative will face negative consequences for refusing to participate in bribery or other misconduct, even if doing so may result in lost business opportunities. Compliance and integrity take precedence over commercial gain.
Granfort Anti-Corruption Policy
Prohibited Conduct
The following activities are strictly forbidden when performed with the intent to obtain or retain business or secure any improper advantage:
- Offering, giving, requesting, or accepting bribes
- Providing gifts, hospitality, lodging, entertainment, travel, or other benefits for improper influence
- Offering employment, donations, or commercial benefits not available to others
- Misreporting expenses or disguising improper payments
- Using third-party agents, distributors, or intermediaries to make prohibited payments on Granfort’s behalf
A “bribe” includes any payment or item of value offered directly or indirectly to gain an unfair advantage—especially in situations where the decision would not have been made without such influence.
Who Must Comply
This policy applies to:
- All Granfort employees
- Contractors, distributors, agents, partners, and any third party acting on Granfort’s behalf
- All operations inside and outside Australia
Books & Records
All expenses, invoices, receipts, and financial documentation must accurately reflect the true nature of transactions. False, incomplete, or misleading accounting entries are prohibited.
Granfort service providers must never conceal or misreport payments, commissions, reimbursements, or any financial activity that could obscure improper conduct.
Consequences of Violations
Granfort may terminate relationships with employees or service providers who violate this policy. Corrupt conduct may also result in civil or criminal penalties under applicable laws.
Test Your Understanding
Scenario 1:
A sales agent gives a government official a gift certificate during contract negotiations to “speed up the process.”
Answer: Not allowed. Providing entertainment or benefits unrelated to legitimate business purposes can be considered bribery.
Scenario 2:
A distributor promises to “smooth” import procedures by making small payments to customs officials.
Answer: Not allowed. Facilitation payments, even small ones, may violate anti-corruption laws and are prohibited by Granfort.
Scenario 3:
A representative inflates commissions and records them as travel expenses in a high-risk country.
Answer: Not allowed. Misreporting expenses is illegal, and inflated commissions raise clear compliance red flags.
Scenario 4:
A government official suggests awarding a contract in exchange for a donation to his personal charity.
Answer: Not allowed. Charitable contributions cannot be used to improperly influence decisions.