Siemens AG to support Maritime Anti-Corruption Network

Anti-Corruption

MARITIME anti corruption group, Maritime Anti-Corruption Network, MACN, has received the support of the Siemens Integrity Initiative, to scale up its collective action in the fight against the vice in the country.

MACN is a global business network of over 130 companies working together to tackle corruption in the maritime industry.

The project will be implemented by MACN and the Convention on Business Integrity, CBi, and run from 2020 up to January 2023.

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In a statement signed by the Executive Director and Co-Founder of the Convention on Business Integrity, Soji Apampa, and made available to Vanguard Maritime Report, MACN noted that “Through the generous support from Siemens AG, CBi and MACN will be able to contribute to a stronger government and port authority compliance environment and encourage public-private oversight of compliance in ports and terminals.

“We believe this will lead to more effective seaports and terminals services, and improved corruption prevention practices that, ultimately, will benefit any business using seaports or terminals in Nigeria.”

The Siemens Integrity Initiative promotes projects around the world that seek to combat corruption through collective action. The selection process is highly competitive and favours projects that have a direct impact on the private sector and that strengthen compliance standards and legal systems. CBI was a recipient of support under the first round of funding which it used to develop a Corporate Governance Rating System, CGRS, in partnership with the Nigeria Stock Exchange.

“The Siemens Integrity Initiative is a very competitive funding call that, over the years, has supported some of the leading anti-corruption initiatives globally. For MACN, CBi, and our local stakeholders, the support from Siemens is fantastic recognition of our Collective Action work, and the impact we had in the Nigerian port and maritime sector.

We are grateful for the support and excited to add Siemens to the list of donors supporting MACN” says Cecilia Müller Torbrand, Executive Director of MACN.

The post Siemens AG to support Maritime Anti-Corruption Network appeared first on Vanguard News.

by Urowayino Jeremiah via Vanguard News https://ift.tt/2NGMLDN Best Known Member of the Cabinet Wikipedia

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