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Home>Integrity Focus>Conflict of Interest>What is conflict of interest?
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Ethical Decision Making

Conflict of Interest

Self Photos / Files - 3-4-1-en

A conflict of interest situation arises when the private interests of a staff member conflict with the interests of the company.

 

Private interests include both the financial and personal interests of staff members, their relatives and even close personal friends.

Procurement manager, Alex, conspires with quality control officer, CHU, to award a contract to CHU's uncle. CHU deliberately covered up his relationship with the supplier and did not report the conflict of interest to the company.

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