The Tenure Facility is committed to conducting business in accordance with all applicable laws, rules and regulations and the highest ethical standards. Our strategy to avoid fraud and corruption is to maximize transparency and accountability related to all business conducted by the Tenure Facility. Employees, Board and AG Members, project partners and consultants are all made aware of our policies as part of their Terms of Reference/agreements and required to sign conflict of interest statements and/or acknowledge their responsibility to disclose all potential conflicts and report potential fraud as part of their signed agreements.
When a case of corruption is reported/suspected, information should be shared with the Board and donors by ED as soon as possible, and an investigation is started. Depending on the size and circumstances, this investigation is done internally or externally. When corruption is concluded, auditors are also to be informed, including process, findings and recommendations for adequate follow-up