Eunisell Successfully Completes TRACEcertification, an internationally recognized due diligence review, for the fifth consecutive year

18 April 2016

Specialty fluids management company, Eunisell limited has for the fifth time completed TRACEcertification, a comprehensive due diligence review and analysis administered by TRACE, the world’s leading anti-bribery standard setting organization. Certification by TRACE signifies that Eunisell has completed an internationally accepted due diligence procedure and has been forthcoming during the review process. A TRACEcertification review includes screening of directors, partners and employees occupying management positions, a watchlist and reputational check, adoption of an Anti-Bribery Code of Conduct, as well as the completion of online anti-bribery training. As part of the review process TRACE also collects business and financial references.

While commenting on the completion of their 2016 TRACEcertification review, the Chief Executive Officer, Eunisell Chemicals, Mr. Ramesh Hullur noted that the company has made every effort to operate in compliance with international standards and best practices since it began operations in fluid solutions for the oil and gas and manufacturing industry almost 2 decades ago. “We are not new to business in Nigeria and other parts of the world, although there are peculiarities in each market, our standards and policies are never compromised.” he said, adding that Eunisell has successfully completed the TRACEcertification process for 5 years consecutively since 2011.

TRACEcertification underscores Eunisell’s commitment to commercial transparency and anti-bribery compliance.

 

 

About TRACE

 

TRACE International and TRACE Incorporated are two distinct entities with a common mission to advance commercial transparency worldwide by supporting the compliance efforts of multinational companies and their third party intermediaries. TRACE International is a non-profit business association that pools resources to provide members with anti-bribery compliance support while TRACE Incorporated offers both members and non-members customizable risk-based due diligence, anti-bribery training and advisory services. Working alongside one another, TRACE International and TRACE Incorporated offer an end-to-end, cost-effective and innovative solution for anti-bribery and third party compliance. For more information, visit www.traceinternational.org

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