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Anti-corruption and anti-fraud

JSC "Damu Entrepreneurship Development Fund" (hereinafter – the Fund) places utmost importance on its business reputation and clearly understands that clients and partners expect the Fund to perform its duties honestly, fairly, and impartially, as well as to effectively implement state business support programs.

To ensure proper compliance with the legislation of the Republic of Kazakhstan, the Fund has established an Anti-Corruption Compliance Service, which is part of the corporate governance system and is responsible for managing compliance risks and organizing the anti-corruption system within the Fund.

The main task of the Anti-Corruption Compliance Service is to foster an anti-corruption culture within the Fund and promote the principles of integrity and zero tolerance towards corruption. As part of this work, the Compliance Service conducts awareness-raising activities and training seminars for the Fund's employees, monitors compliance with anti-corruption legislation, regulates issues related to conflicts of interest and the giving/receiving of gifts, reviews reports from individuals and legal entities on violations of the Code of Business Ethics, instances of corruption, and other illegal actions, conducts internal investigations based on such reports, and informs the Fund's management about any known instances of misconduct by employees.

In order to prevent and detect cases of fraud, corruption, and other violations that may harm the interests or reputation of the Fund, the "Damu" Fund has established a "Confidential Hotline".

Every report received is subject to mandatory verification. Confidentiality and anonymity are guaranteed. If you provide your contact details, we will inform you of the results of the review.

Employees, contractors of the Fund, as well as any third parties may report cases of corruption, fraud, or other violations to the Anti-Corruption Compliance Service through the following channels, which ensure confidentiality and anonymity:

Documents

Type Title Actions
Information Security Policy of JSC "Damu" Entrepreneurship Development Fund Open
Brief analytical report on the results of the internal analysis of corruption risks of «Damu» Fund» JSC Open
Brief analytical report on the results of the internal analysis of corruption risks of «Damu» Fund» JSC Open
Regulations on the Anti-Corruption Compliance Service Open
Anti-Corporate Fraud and Corruption Policy Open
Results of anti-corruption monitoring of JSC "Entrepreneurship Development Fund "Damu" Open

Articles

Type Title Source Actions
70 entrepreneurs fell victim to fraudsters posing as employees of the Damu Fund otyrar.kz Read
Damu Fund warns of fraud zakon.kz Read
"Damu" Fund warns about fraudsters zakon.kz Read
Damu Foundation warns of fraud on social networks zakon.kz Read

Videos

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