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Promoting Integrity and Transparency in the Business Sector to Curb Corruption

Corruption exists in both public and private sectors. In a move to promote the anti-corruption drive in the private sector, the Office of the National Anti-Corruption Commission (NACC), during its recent meeting, approved guidelines to promote integrity and transparency in private companies that are partners in contracts with the public sector.

 

The meeting also approved activities and operations in accordance with the Extending Integrity and Transparency Business Roadmap for the 2021 fiscal year.

 

Representatives from NACC had earlier held a consultation with officials at the Comptroller General’s Department on the Extending Integrity and Transparency Business Roadmap for the 2021 fiscal year. Both NACC and the Comptroller General’s Department agreed to work jointly to promote integrity and transparency in the private sector in order to increase Thailand’s score in the Corruption Perceptions Index (CPI).

 

Apart from developing the Integrity and Transparency Assessment (ITA) program to curb corruption in the public sector, NACC has also launched a project to develop the assessment of integrity and transparency in the business sector.

 

The project has been carried out since 2018. NACC developed a mechanism known as “Verified Private Company for Anti-Corruption (VAC)” for use to assess integrity and transparency in the business sector.

 

The project is seen as a proactive measure to prevent corruption and reduce the risk of companies engaging in corruption, especially those that are partners in contracts with the public sector.

 

NACC intends to expand the project more widely to cover various groups of business, and information technology will be developed to facilitate the assessment of integrity and transparency in the business sector.

 

Source: The Government Public Relations Department

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