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Bribery and Illegal Payments: For all parties - Agents, Ship Captains, Shipping companies and government agencies

(Extract from page 8 in SOP document)
  1. PTML, its directors, executive officers, employees and other stakeholders are committed to the highest standard of integrity, honesty and fairness in all their business dealings within and outside the company in compliance with national and international anti-corrupt laws, where applicable.
  2. In compliance with the foregoing laws and regulation and in accordance with this code, PTML will not tolerate any form of improper payment offered to – or solicited by-Nigerian authorities, its stakeholders, or any other form of corruption (accepting or offering anything of value to secure an improper advantage in an effort to win or retain business) in dealings with private parties or with government officials, representatives of international organizations or anyone acting in an official capacity for a government entity, as well as with any other natural or legal person specified by the applicable laws in force.

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Relationship With External Stakeholders: For Ship Agents and Cargo Clearing Agents

(Extract from page 10 in SOP document)
  1. External stakeholders (including ship agents, clearing agents, consultants, etc) are also required to uphold the principles enshrined in the code.

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