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Anticorruption and Integrity: Policies and Strategies

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Policies and Strategies

Publication Date: December 2007
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This publication is a typeset version of: Integrity Principles and Guidelines, approved by ADB's President (November 2006), and the Anticorruption Policy, approved by ADB's Board of Directors (July 1998).

ADB's Integrity Division is part of the Office of the Auditor General and conducts investigations of allegations of fraud, corruption, coercive practice, collusive practice, conflict of interest, and misconduct in ADB-financed activities, in accordance with the Integrity Principles and Guidelines.

ADB's Anticorruption Policy requires all parties, including staff, borrowers, beneficiaries, bidders, suppliers, and contractors to observe the highest ethical standards when participating in ADB-financed activities. The Policy supports ADB's obligation, in accordance with Article 14(xi) of the Agreement Establishing the Asian Development Bank, to ensure that the proceeds of ADB financing are used only for their intended purposes.

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Contents

Integrity Principles and Guidelines (November 2006)

  1. International Financial Institutions Principles and Guidelines for Investigations

  2. Sanctions

Anticorruption Policy (2 July 1998)

  1. Introduction

  2. ADB's Response

  3. Definitions of Corruption

  4. The Costs of Corruption

  5. ADB's Position on Anticorruption Issues

  6. Conclutions and Recommendations

  7. Appendixes


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