policytool: command not found

Have You tried accessing the binary with the full path?

Maybe Your $PATH variable doesn't contain the default paths? echo $PATH should give something like:

[root@server ~]# echo $PATH
/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin

If it's empty, You may set the PATH variable with this command

export PATH="/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin"

On Debian possible default full paths are:

/usr/lib/debug/usr/lib/jvm/java-7-openjdk-amd64/jre/bin/policytool - from package: openjdk-7-dbg
/usr/lib/jvm/java-7-openjdk-amd64/bin/policytool - from package: openjdk-7-jre
/usr/lib/jvm/java-7-openjdk-amd64/jre/bin/policytool - from package: openjdk-7-jre

You may install the required package with command apt-get install {package}
Error in other languages:
policytool: bevel nie gevind nie
policytool: comandă negăsită
policytool: comando não encontrado
policytool: commande introuvable
policytool: command not found
policytool: käsku ei ole
policytool: không tìm thấy lệnh
policytool: komanda nerasta
policytool: Kommando nicht gefunden.
policytool: kommandot finns inte
policytool: komut yok
policytool: nie znaleziono polecenia
policytool: níor aimsíodh an t-ordú
policytool: no se encontró la orden
policytool: no s'ha trobat l'ordre
policytool: opdracht niet gevonden
policytool: parancs nem található
policytool: perintah tidak ditemukan
policytool: príkaz nenájdený
policytool: příkaz nenalezen
policytool: команда не найдена
policytool: командата не е открита
policytool: 命令找不到
policytool: コマンドが見つかりません