News & what's on, Our events, Sectors - Written by Barry & Richard on Sunday, January 22, 2012 11:42 - 0 Comments
Learn how to successfully trade in high risk jurisdictions ethically from Mabey Bridge – leaders in anti-bribery & corruption
Mabey Bridge – world leader in anti-bribery & corruption
Peter is uniquely well placed to do so. Today the Mabey Group is recognised as a world leader in anti-bribery & corruption.
If you would like to register your interest in attending please email email@example.com.
Leading the way in controls & procedures to trade ethically
Speaking recently the Director of the Serious Fraud Office, Richard Alderman, said this:
“[The SFO] have been very impressed by its attitude and the clear commitment of the new management to ethical trading. We get regular updates from the independent monitor about the business’s ethics and controls and it appears that in many ways the Mabey group is now leading the way in implementing controls and procedures to ensure that it is able to trade ethically in high-risk jurisdictions.”
A truly international business
Mabey Bridge history can be traced back to the construction of Brunel’s Wye railway bridge in 1849 and operates out of two Divisions. UK/Eire and International.
The International Division markets the company’s steel panel bridge and car park systems worldwide – including to some of the most challenging jurisdictions in the world.
Recently the group made headlines when Mabey Engineering (Holdings) Ltd, the parent company of modular bridge manufacturers Mabey and Johnson Ltd (M&J) and part of the Mabey Holdings group, announced that it had concluded a civil recovery settlement with the Serious Fraud Office in relation to certain dividends received.
The settlement was what Richard Alderman, Director of the SFO called ‘the final act in an exemplary model of corporate self reporting’ by M&J.
M&J began working with the SFO at the beginning of 2008 when it approached the authorities to highlight irregularities it had identified as a result of an internal investigation. Following the self referral and subsequent co-operation with the SFO’s investigations M&J pleaded guilty to charges of corruption and breaches of sanctions and was convicted in August 2009.
The company is viewed as having conducted itself in an exemplary way both in its self-referral and extensive co-operation with the authorities, and with the changes made within the company.
Since the self referral the group has introduced new management, state-of-the-art anti-bribery and corruption procedures and has appointed an independent monitor.
On the M&J self referral the Director of the SFO had this to say:
“From my perspective, Mabey and Johnson have behaved in a very proper and ethical way. I believe that they are a stronger company as a result and that they are better placed to win contracts and earn the profits that we all want to see as a country. It is an example that I would commend to other corporates.”
If you would like to register your interest in attending the presentation with Peter Lloyd please email Barry Vitou here firstname.lastname@example.org.