Bribery: This term means a financial or other specific reward for action which is illegal, unethical, a breach of trust or improper in any way. Bribes usually can take the form of money, gifts, loans, fees, hospitality, services, discounts, the award of a contract or any other advantage or benefit that includes offering, promising, giving, accepting or seeking a bribe.
Corruption: This term means the misuse of power used for personal or private advance, of the person who corrupts or a Third Party they are associated with. Bribery is one of the tipical form of corruption.
Conflict of Interest: This term means a situation in which a person or organization is involved in multiple interests, and serving one interest could involve working against the other.
Facilitation Payments: A form of Bribery in which small payments are made with the purpose of expediting or facilitating the performance of a Public Official, a routine governmental action or to obtain or retain business or any other undue advantage.
Gifts: This term means everything of value (money, services, loans or other benefits) that is not a business hospitality given to somebody without payment for it.
Intermediaries: The intermediaries are individuals, organizations or companies that carry out activities of introducing or developing new business by retaining existing business, obtaining licenses or permits for new business or any other regulatory necessary documents.
Kickback: This term means an amount of money that is paid to someone illegally in exchange for secret help for a business advantage.
Public Official: This term is typically used for a natural or legal person who is employed, appointed or elected to perform a public function.
Third Party: Is a joint venture/consortium partner, agent, advisor, contractor, politicians and political parties, supplier and vendor, intermediary, service providers and other third party, performing similar tasks or functions that come in contact with STAR SARDINIA Srl during the course of our work.