What does POBO mean in PREVENTION
The Prevention of Bribery Ordinance (POBO) is a piece of legislation in Hong Kong that was enacted in 2009. It aims to prevent and eradicate bribery, including corrupt transactions among public officials, the government, and private entities. The ordinance has been updated over the years to keep up with changing demands and technology. In this article, we will discuss what POBO entails and provide a few relevant FAQs about it.
POBO meaning in Prevention in Medical
POBO mostly used in an acronym Prevention in Category Medical that means Prevention Of Bribery Ordinance
Shorthand: POBO,
Full Form: Prevention Of Bribery Ordinance
For more information of "Prevention Of Bribery Ordinance", see the section below.
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Essential Questions and Answers on Prevention Of Bribery Ordinance in "MEDICAL»PREVENTION"
What does POBO aim to achieve?
POBO seeks to maintain an honest and impartial work environment for public officials and prevent any form of bribery or corruption within the government or by private entities amongst each other.
Are private individuals also included under POBO?
Yes, private individuals are subject to investigation if they are suspected of offering or accepting bribes related to their duties or employment.
Is there a penalty for not adhering to POBO provisions?
Yes, offenders are subject to imprisonment, fines up to 5 million Hong Kong dollars, as well as other civil remedies like freezing assets or forfeiture of bribe proceeds.
What kind of activities is considered bribery under POBO?
Giving money or any kind of advantage in order to influence the actions of people performing their official duties is considered an act of bribery under POBO. This includes both active and passive bribery.
How does the ordinance define “private sector†for the purpose of prohibiting bribery?
Private sector includes persons engaged in activities within the domestic jurisdiction relating to banking, insurance and money-lending activities; trade between members states; services rendered abroad; transport services; and all persons lawfully carrying on any business or trade in Hong Kong SAR.
Final Words:
The Prevention Of Bribery Ordinance (POBO) is essential legislation that provides safeguards against corruption and improper behavior by public officials as well as private entities alike in Hong Kong SAR. All parties involved must comply with all provisions set out in the ordinance or face severe penalties for violations.