|
|
Local Authorities Employees' Multi-Purpose Co-operative Society Ltd. |
TEAM SPIRIT
We are guided in our operations by the following international co-operative principles:
- • Voluntary and Open Membership
- • Democratic Member Control
- • Member Economic Participation
- • Autonomy and Independence
- • Education, Training and Information
- • Co-operation among Co-operatives
- • Concern for Community
TRANSPARENCY
The board of Directors ensures that the co-operative society complies with relevant laws, regulations and co-operative principles to ensure accountability and transparency in the management of the affairs and the resources of the society.
INTERNAL CONTROL
Internal control is an essential element in the governance framework that plays a key role in identifying, minimizing and managing risks, and safeguarding the assets of an organization.
The Board ensures that management sets and maintains a sound system of internal control to safeguard society and members’ interests.
ACCESS TO INFO
The Board ensures a proper documented system which provides relevant information to all “stakeholders”. The Board also ensures that access to information during the office hours is not denied to the stakeholders.
