Electricity Generating Public Company Limited 09 General Principles Good Corporate Governance Principles Directors’ Code of Business Ethics Appendix Code of Business Ethics Anti-Corruption Fraud means committing an act in order to procure any advantage for oneself or another person, to which they are not entitled by law. Fraud also includes corruption, asset misappropriation, embezzlement, and financial statement fraud. Corruption means a direct and indirect allocation, offer, promise, or commitment of giving bribes to an officer, representative or agency of government or private sector, with intention to influence such person to take or not to take an action for unfair benefits. Corruption also includes accepting or requesting direct and indirect bribes from an officer, representative or agency of government or private sector, to take or not to take an action for unfair benefits. However, giving and taking gifts or token of appreciation in agreement with applicable laws, rules, notices, regulations, traditions, or business etiquettes are allowed. Bribe means money or other forms of compensation that is given with an intention to influence the receiver to take or not to take an action for unfair benefits. Bribe would also include facilitation payment. Facilitation Payment means unofficial financial payment for an officer, representative or agency of government or private sector with an intention to influence such person to carry out or expedite the procedures or facilitate their routine operations.
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