Companies responsible for haze to be penalised when entering Malaysia: Finance Minister

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KUALA LUMPUR: Companies found to be responsible for haze in the region may be penalised upon entering the Malaysian market, Finance Minister Lim ...

“If we find that they are unwilling to take action, we may have to pass a law which will make them responsible for fires in their property, even if it’s outside of Malaysia,” he said.

Dr Hanim Kamaruddin of Universiti Kebangsaan Malaysia told Bernama that the FCPA was the first to introduce corporate liability, responsibility for third parties and extraterritoriality for corruption offences. This means that any US-based company and person can be held criminally and civilly responsible for corruption offences committed abroad.

In 2014, Singapore passed the Transboundary Haze Pollution Act to go after companies that started fires or let their concessions burn, and contributed to haze that blanketed Singapore and other parts of the region.Last week, the Malaysian Meteorological Department had predicted that the haze situation would improve when the monsoon transition begins on Tuesday.

 

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