LAGOS, Nigeria, May 11, 2015 /PRNewswire/ --
The Sahara Group's commitment to eliminating corruption from the business environment has facilitated its induction into the World Economic Forum's Partnering Against Corruption Initiative (PACI) Community.
PACI has over the past ten years become the leading global business voice on anti-corruption and transparency. Sahara joins more than 100 active companies leading a call to action for businesses around the world to commit to zero tolerance of corruption in all its forms; and to join collective action initiatives to increase public trust in business, deliver fair markets and level the playing field by fighting corruption.
Sahara's admission into PACI reinforces its leading role in spearheading a growing wave of transparency and good governance principles across Africa's business space. It also serves as a platform for raising the bar for other African businesses and sends strong global signals of the unfolding paradigm shift towards anti-corruption in Africa.
In a letter to Sahara Group signed by the head of PACI Gretchen Jonker, the PACI community head stated: "It is with great pleasure that we welcome Sahara Group as a new member of the World Economic Forum's Partnering Against Corruption Initiative (PACI). Your decision to join PACI comes at an important point in our work to design corruption out of the business environment, and we know that your leadership will make a difference."
Sahara's Executive Director, Tonye Cole said the company's partnership with PACI would bolster its anti-corruption agenda and provide a platform for collaborative and collective activities towards sharing best practices across board in organizational compliance.
"Our partnership with the World Economic Forum's PACI anti-corruption community will ensure Sahara's continued insistence on high levels of good corporate governance, transparency in the disclosure of information relating to its operations and promotion of anti-corruption initiatives designed to eliminate corruption in all aspects of its operations," he added.
The Sahara Group restates its commitment to partnering with various institutions in its bid to champion good governance causes that resonate with its resolve to ensure a transparent and corruption free business environment.
Sahara Group is a leading privately owned Power, Energy, Gas and Infrastructure Conglomerate with operating entities active in the downstream, midstream, upstream, infrastructure and power sectors. Sahara currently has its operations in Africa, Europe, Asia and the Middle East and continues to explore new frontiers to replicate it passion for seeking creative, cleaner and sustainable ways of being the provider of choice wherever energy is consumed.
Please see additional information at http://www.sahara-group.com.