Companies, not just people, to be prosecuted for graft from June 1

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This follows the gazetting of the provision under Section 17A of the MACC Act. FMTNews PMO

PETALING JAYA: The Prime Minister’s Office has announced that a new provision under the Malaysian Anti-Corruption Commission Act 2009 enabling the prosecution of companies involved in graft will be enforced beginning June 1.In a statement today, the PMO said the government was committed to combating corruption, improving integrity and implementing good governance. It said this would be prioritised whether in the government, private sector or even civil society organisations.

This means that commercial organisations would be committing an offence if any of its employees or those associated with it was involved in corruption for the benefit of the organisation. This, the PMO said, was to encourage commercial organisations to take appropriate measures to ensure that their businesses are not involved in corruption.

 

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