Facilitation Payment
Practice
The facilitation fee means a small
amount of money unofficially paid to a government official. It is paid to encourage a
government official to speed up any operations; and such operations do not
require the discretion of government officials and must be done according to
their duties and the rights of individual and juristic person. The company believes
that such a small amount of money paid to a government official for convenient
and fast contact with a government agency might be a channel for corruption in
any further steps. Therefore, the company has no policy to pay the
facility fee to a government official in any case, because it might be a very
high risk of bribery. Also, such actions discredit the
company and violate its anti-corruption policy. |