Policy Statement
PIYAM Foundation is committed to integrity, transparency, and accountability in all financial and operational activities. Fraud, corruption, bribery, or misuse of organizational resources is strictly prohibited and will result in disciplinary and legal action.

Definition of Fraud
Fraud includes, but is not limited to:

• Theft or misappropriation of funds or assets

• False expense claims or financial manipulation

• Forgery, falsification of documents, or misrepresentation

• Abuse of authority for personal gain

Responsibilities
All individuals associated with PIYAM Foundation are responsible for:

• Acting honestly and ethically

• Protecting organizational assets

• Reporting suspicious activities or irregularities

Management is responsible for establishing effective internal controls and oversight mechanisms.

Prevention & Controls
PIYAM Foundation ensures:

• Clear financial procedures and approvals

• Regular financial reviews and audits

• Segregation of duties

• Transparent procurement and reporting processes

Reporting & Investigation
Suspected fraud can be reported confidentially. All cases are investigated objectively, and appropriate disciplinary or legal action is taken when required.