The Department of Precious Metals — a zero-tolerance zone for corruption
The Department of Precious Metals under the Ministry of Finance of the Kyrgyz Republic ensures transparency in the accounting, storage and sale of precious metals held in the State Fund, and takes measures to prevent corruption in its work.
On transparency in precious metals accounting and on anti-corruption measures.
Signs that should be reported without delay.
- Giving or taking a bribe Providing money, property, services or other benefits to an official in return for taking or not taking an action in the course of duty.
- Abuse of authority Using one’s official position contrary to the interests of the service, for personal gain or in the interests of third parties.
- Conflict of interest A situation in which an employee’s personal interest affects, or could affect, the proper performance of their official duties.
- Extortion Demanding money or other valuables in return for processing documents, issuing permits, carrying out an assessment or providing any other public service.
- Favouritism Unlawfully granting advantages to particular individuals or organisations, or showing patronage based on kinship, regional ties or personal connections.
- Inducement to commit an offence Offering, promising or otherwise attempting to induce an employee to commit a corruption offence.
Any individual or legal entity may report an instance of corruption.
Guarantees for those who report corruption
- The legislation of the Kyrgyz Republic provides protection for persons who report corruption offences.
- Information about the person reporting is not disclosed without their consent, except in cases established by law.
- Retaliation against a person in connection with their report is not permitted.
- Anonymous reports are considered in accordance with the procedure established by law.
Inducement is any attempt to prompt an employee to commit a corruption offence. The offence itself need not actually take place: the approach alone must be reported.
Reporting deadline
The report must be submitted immediately and no later than 24 hours after the approach.
- Do not agree Refrain from any action that could be interpreted as consent to a corruption offence.
- Record the circumstances Date, time, place, method of approach, content of the offer, details of the person, witnesses.
- Preserve evidence Documents, correspondence, electronic messages, audio and video materials.
- Submit a report Provide a written or electronic report to the authorised persons and bodies.
- Maintain confidentiality Do not share information about the submitted report with third parties.
Aimed at removing the conditions that allow corruption to occur.
Digitalisation of accounting and control
Automated recording of the movement of State Fund precious metals, electronic reporting and the electronic exchange trading system remove any possibility of informal influence on the outcome.
Analysis of corruption risks
Identifying the processes most exposed to corruption risks and taking steps to address them.
Managing conflicts of interest
Employees are required to disclose any personal interest that could affect the performance of their duties and to take steps to prevent it.
Anti-corruption review of legislation
Draft regulatory legal acts are reviewed for provisions that could create conditions for corruption.
Transparency of operations
Publication of prices, reporting forms, permit procedures and the results of the Department’s work on the official website.
Awareness work
Informing employees about anti-corruption standards, restrictions and liability for corruption offences.