The Maritime anti-corruption network (MACN) is expanding its “Collective action” initiative in Nigeria with the support of the Siemens Integrity initiative. The project will be implemented by MACN and the Convention on business integrity (CBi) and will run from 2020 to January 2023, cgtn.com reports.
The Siemens Integrity initiative promotes projects around the world aimed at fighting corruption through collective action.
The Maritime anti-corruption network (MACN) is a global business network that includes more than 130 companies working together to fight corruption in the Maritime industry,
“With the generous support of Siemens AG, CBi and MACN will be able to contribute to enhancing compliance with government and port authority regulations and encourage public and private compliance oversight at ports and terminals. We believe that this will lead to improved efficiency of seaports and terminals services, as well as improved anti – corruption practices that will ultimately benefit any business using seaports or terminals in Nigeria, ” said Soji Apampa, Executive Director and co-founder of the Convention on business integrity.
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 the recipient of support in the first round of funding, which it used to develop the corporate governance rating System (CGRS) in partnership with the Nigerian stock exchange.
“The Siemens Integrity initiative is a highly competitive funding competition that has supported some of the world’s leading anti-corruption initiatives over the years. For MACN, CBi and our local stakeholders, the support of Siemens is a fantastic recognition of our collective work and the impact we have had on the Nigerian port and Maritime sector. We are grateful for the support and are happy to add Siemens to the list of donors supporting MACN, ” said MACN Executive Director Cecilia Muller Torbrand.
Earlier it was reported that the Former Director of Siemens, who was sentenced to 15 years for corruption, was released two months later.The former top Manager said that he should be released from the colony due to poor health.
The court granted the request, but with restrictions. He was forbidden to travel outside of Greece, and once a month he has to come to the police station and register.