Business Telegraph

.
The Times Real Estate

.

The National Anti-Corruption Commission in Thailand (NACC) noted Private sector must have clear details of bribery-prone activities

  • Written by Telegraph Magazine

BANGKOK THAILAND - Media OutReach - 28 April 2023 - The National Anti-Corruption Commission (NACC) encourages the private sector not to offer bribes to government officers and advises them to impose internal measures to control bribery risks.



NACC Secretary-General Niwatchai Kasemmongkol said bribery was a national problem and there were cases in which bribes were offered for business benefits across borders, affecting the country's credibility and efficiency of budgetary spending. The NACC, therefore, promoted good governance in the public sector to create the "No Gift" culture, he said.

NACC has set up Anti-Bribery Advisory Service (ABAS) Center to provide knowledge and guidelines to the private sector concerning the laws on offering bribes to government officials and to have appropriate measures to prevent bribery. This will lead business to be transparent operations with good governance and sustainable growth.

In addition, NACC also has rules for prosecuting private sector firms involved in bribing government officials and those working in international agencies. The rules have been issued to make private sector firms aware that they could be prosecuted if they are involved in corruption.

Mr. Niwatchai stated further that bribery should be prevented at both ends – the private sector or the bribe giver and government officers or the bribe taker. Those who offered bribe to government officers were subject to penalty under Section 176 of the Anti-Corruption Act B.E. 2561. Juristic persons who bribed government officers would face large fines, said the Secretary-General.

The NACC encourages juristic persons susceptible to public bribery to clearly identify their expenses for government agencies and impose measures to inspect these expenses.

According to the NACC Act, the value of the gift given to government officers must not exceed 3,000 baht.

The Secretary-General warned that juristic persons or businesses should not pay commissions to government officers for whatever reason to avoid risking breaking anti-bribery laws.

The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions. It is authorised to undertake work on the prevention and suppression of malfeasance, particularly in government agencies, on assets investigations, as well as on the monitoring of ethics and virtues of political position holders.

It has the authority to file charges in court as well as support and build up awareness of the penalties for committing corruption. The NACC is supervised by the NACC Board and has the Office of the NACC as its administrative agency.

Since 1997, Thai Courts have ruled against and punished politicians, former ministers, high-ranking government officials as well as executives of the private sector in the thousands of cases submitted by the NACC.

Hashtag: #NACC

The issuer is solely responsible for the content of this announcement.

Entrepreneurs & Leaders

Is It Ethical to Buy Clubhouse Room Visitors? Debunking Common Myths

Clubhouse has become a go-to platform for discussions, networking, and sharing ideas in real-time. With so many rooms to...

Work Injury: Should You Call A Lawyer After Work Accident?

Although work injuries are not common, especially for those who don’t work in industries, they sometimes occur. Most e...

SEO: Revolutionizing The Presence On the Internet Through Services Offered

Establishing a web presence cannot be overemphasized for any business to be competitive in today’s digital-first economy...

Elevate Your Workplace Safety: The Power of Premium Hi-Vis Work Shirts

Hi-vis work wear is becoming popular in Australia. These reduce the risks of accidents by enhancing visibility. Also, th...

Essential Sweatshirt or Essential Hoodie: Which One Is Right for You?

When it comes to high-end streetwear, Fear of God Essentials Sweatshirt  has carved out a niche for itself, blending l...

Steam Cleaning Carpets vs Other Methods: Which One is Better?

Maintaining clean carpets is necessary for the overall look and health of your home or business. With various cleaning...

Buy vs. Lease: 6 Tips for Making the Right Call on Business Equipment

Photo: chris robert / Unsplash Every major equipment purchase presents business owners with a crucial decision: buy or ...

Breaking Down the Basics of Business Partnership Agreements in Sydney

Agreements Over Business Partnership are important as they discuss and define the roles, functions, and expectations...

20ft Shipping Containers as a Sustainable Choice for Construction Projects

There is a sharp increase in the demands for sustainable building materials in modern architecture. Among the newest...