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What is Bribery?

Understanding Bribery

• Bribery is defined as the act of giving, offering, promising, soliciting, or receiving something in exchange for an undue benefit or advantage. It is one of the most common forms of corruption.

• Examples of bribery include requesting someone to act or refrain from acting based on their obligations to gain an improper reward.

• Another example involves soliciting or receiving information from Grupo Jame to improperly benefit while maintaining a business relationship.

• Offering or accepting money to participate in corrupt acts is also considered bribery.

• Additionally, requesting or paying commissions to conceal acts of corruption falls under this category, as does offering gifts or benefits to ensure a business relationship regardless of compliance with internal procedures at Grupo Hame.

Reporting Corruption