Tashkent, Uzbekistan (UzDaily.com) -- Prevention of fraud and corruption in the corporate sector is in the focus of the UNODC and EBRD -supported on-line training for over 50 managers and specialists of compliance departments of 9 companies within the UzAuto Motors corporation.
UNODC international expert, Mr. Constantin Policarsky elaborated on the negative impact of bribery, theft and fraud on organizations, especially in terms of their reputational and image risks.
According to UNODC expert, serious fraud cases are usually preceded by a series of minor violations. He advises to design a Code of Conduct which can become one of the measures to counter fraud within the organization.
"It becomes an internal legal framework of staff conduct which is usually not violated", noted Mr. Policarsky.