Report(Whistleblower system)

Applicable Activity

  • ① Receiving valuables/ hospitality/ convenience from stakeholders
  • ② Any act of using one’s duty or position to achieve an unfair advantage or damage the company
  • ③ Interfering other employees’ fair work for one’s own or another’s benefit
  • ④ Leaking corporate secrets or customer information without authorization.
  • ⑤ Improper co-operation of stakeholders, such as bid rigging for the purpose of trading with the company.
  • ⑥ Disadvantageous treatment and identity exposure towards legitimate whistle-blower
  • ⑦ Violation any other code of ethics, employment rules and regulations.
  • ⑧ Violation of joint growth and subcontract fair trade agreement.
    • Reporting corruptions of partner companies and reporting of unfair trade practices.
  • ⑨ Actions that constitute accounting fraud or error.
    • To misrepresent the facts and numbers of management that are unfairly reflected in the financial statements.
    • Embezzlement and misusage of corporate assets.
    • Actions that correspond to accounting errors.

Contact us

  • TEL (82-31)8026-4981
  • FAX (82-31)8026-7076
  • E-mail kimyongsung@lignex1.com
  • 333, Pangyo-ro, Bundang-gu, Seongnam-City, Gyenggi-do, 13488, Korea LIG Nex1 Co.,Ltd. Legal Affairs & Compliance Department

Report processing procedure

  • The report will be immediately reported to the Chief justice and CEO upon receipt, and will be handled after categorization.
  • ① If it is a major issue, the audit team reports the results to the CEO and the Board after the audit.
    • Anyone who violates corporate regulations will be penalized under our discipline regulations.
    • If it is a legal violation, it will be reported to legal authorities
    • The whistle-blower can check the diagnosis result on the homepage(Anonymous whistle-blower can also be informed)
    • Results of disciplinary proceedings are disclosed to company announcements.
  • ② Other cases are processed by the relevant team, and it will be closed after the completion of reporting to the Chief justice and CEO.

Whistle-blower Protection Policy

  • ① Whistle-blower protection
    • The identity of the whistle-blower and the content of the report is protected.
    • Identity exposure and the detection of the whistle-blower is strictly prohibited
    • Discrimination and disadvantageous treatment towards whistle-blower is strictly prohibited
  • ② Protection of employee who refuse to act unethically
    • The identity of employee who refuse to act under unethical demands is protected
    • Identity exposure and the detection of the employees who refuse to act under unethical demands is strictly prohibited
    • Discrimination and disadvantageous treatment towards the employee who refuse to act under unethical demands is strictly prohibited
※ We operate The Compliance team to prevent bribery and corruption, and operate audit team to track, investigate, and respond to bribery and corruption charges or incidents.