Avoidance of fraud, deception or irregular conduct

3.4 Avoidance of fraud, deception or irregular conduct

 Anyone who detects or suspects a case of fraud, deception or irregular conduct shall immediately inform the superior of the directly responsible manager. The mandatory action for this superior is to contact the company’s Internal Auditor currently Fordes Rhodes Sidat Hyder & Co (Ernst & Young in Pakistan) to determine the action required.

• Fraud – the deliberate misappropriation, falsification, omission, or removal of data, money and/or goods whereby resources or assets are unlawfully diverted to or from the company.
• Deception or irregular conduct – the deliberate provision of incorrect, incomplete and/or unclear information, or the violation of the contract of employment, the corporate directives or other rules in ways not included under fraud, with the result that financial information and/or decision making is improperly influenced or affected.