REDACTED -IC Petrojam Investigation - Donations October 2019 final

Page 177 of 215 Petrojam Limited Integrity Commission October 2019 (i) For an employee or any dependent member of his family to have an interest in any organization which has, or is seeking to have, business dealings with the Company or any affiliate where there is an opportunity for preferential treatment to be given or received, except with the knowledge and consent of the Board of Directors. … (iii) For an employee or any dependent member of his family to be involved in a partnership with or Management arrangement with any individual or organization doing or seeking to do business with Petrojam. (iv) For an employee to serve as an officer or director of any other company, or in any management capacity for or as a consultant to any individual, firm or other company doing or seeking to do business with the Company, except with the knowledge and consent of the Board of Directors. … 1. Full disclosure must be made to Petrojam by any employee who is involved in a related business. 2. Procurement must be done on the basis of a competitive bidding. Any deviation from this can only be done in exceptional circumstances in the interest of expedience and must be sanctioned at the highest level of the Company, that is to say the Board of Directors. ” 147 (DI Emphasis) 147 Clause 3 of Petrojam Limited’s Ethics & Conflict of Interest policy which was made effective October 2003.