Mudajaya Group Bhd, a leading construction-property-independent power production company based in Malaysia, has successfully attained ISO 37001:2016 Anti-Bribery Management System certification. The announcement was made by ABAC Center of Excellence Limited after conducting a comprehensive risk assessment and examination of Mudajaya Group’s anti-bribery policies and procedures. The process followed directives put forth in ISO 37001:2016, and Mudajaya met and exceeded the standard’s requirements.
The Scope of Certification includes the following: Provision of Corporate Management, Property Development & Management Services, Construction and Project Management Services for Building and Civil Engineering Works, Manufacturing & Supply of Precast Components for Construction Industries and Concession Assets Investment. “At Mudajaya Group, our mission includes a commitment to meeting international standards and the expectations of our stakeholders,” said Ir. James Wong Tet Foh, Mudajaya Group Managing Director & CEO. “For us, that means standing against bribery and corruption with the highest level of integrity and transparency. Earning ISO 37001 certification is a perfect way for Mudajaya to demonstrate that commitment.”
Zafar Anjum, Group CEO at ABAC™ Center of Excellence Limited, said that Mudajaya Group demonstrated the highest standards in preventing and detecting bribery and corruption to achieve ISO 37001 certification. “I salute Mudajaya Group for implementing the principles provided by this world-recognised, respected certification.”
ABAC Center of Excellence Limited “ABAC Certification” services are accredited by the United Kingdom Accreditation Service (UKAS CB number: 10613), making it the leading certification body specialising in global anti-bribery and anti-corruption, risk and compliance management system standards. There is a strong likelihood that ISO 37001 Anti-Bribery Management System will continue to set the pace for a globally recognised “adequate procedures” standard for corporations embroiled in corruption litigation proceedings. However, for now, the most powerful “assurance” tool that public and private sector organisations can use in their defence strategy is ISO 37001 ABMS certification.
About ABAC™ CoE
Anti-Bribery Anti-Corruption (ABAC™) Center of Excellencewas created to educate, equip and support the world’s leading business organisations with the latest best-in-practice Anti-Corruption, Compliance, and Risk management System processes and procedures, providing a world-class evaluation of corporate compliance solutions to organisations seeking to validate or expand their existing compliance frameworks to maintain a competitive edge in the world marketplace. ABAC® CoE is an independent certification body that provides education and certification services for individuals and organisations on a wide range of disciplines and ISO standards, including:
- ISO 31000:2018 Risk Management- Guidelines;
- ISO 37000:2021 Governance of Organisations;
- ISO 37002:2021 Whistleblowing Management System;
- ISO 37301:2021 (formerly ISO 19600) Compliance Management system (CMS);
- Anti-Money Laundering (AML); and
- ISO 37001:2016 Anti-Bribery Management Systems ABMS.
ABAC™ offers a complete suite of solutions designed to help organisations mitigate the internal and external risks associated with operating in multi-jurisdiction and multi-cultural environments while assisting in the development of frameworks for strategic compliance programs. ABAC™ is accredited by the United Kingdom Accreditation Service (UKAS CB number: 10613) against ISO/IEC 17021-1:2015 Conformity assessment — Requirements for bodies providing audit and Certification of the scheme’s management systems of ISO 37001:2016 Anti-Bribery Management Systems (ABMS). This makes ABAC™ Certification the leading accreditated certification body specialising in global anti-bribery and anti-corruption, risk and compliance management system standards. ABAC™ experts audit any existing compliance and anti-bribery anti-corruption management systems to assess effectiveness and vulnerabilities while ensuring your organisation complies with Internal Standards, FCPA, UK Bribery Act, Anti-Money Laundering regulations, and all other global, regional and local regulations while maintaining a competitive edge in the world marketplace.
ABAC® was established as an independent division of CRI Group™ to provide training and certification services to businesses seeking to validate or expand their existing compliance frameworks by developing the latest in best-practice anti-corruption, due diligence processes and procedures necessary for pursuing and maintaining global third-party affiliations. ABAC™ Center of Excellence offers a complete suite of solutions designed to help organisations mitigate internal and external risks.
Over the past three decades, CRI Group™ has emerged as a global leader in corporate investigations and risk management, serving distinguished clients across Europe, Asia Pacific, South Asia, the Middle East, North Africa, North and South America. CRI Group™ safeguards businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with an organisation.
If you are seeking to validate or expand your existing compliance frameworks to maintain a competitive edge in the world marketplace, ABAC™ can help you. Our experts audit your existing compliance and anti-bribery anti-corruption management systems to assess effectiveness and vulnerabilities while ensuring your organisation complies with Internal Standards, FCPA rules, UK Bribery Act laws, Anti-Money Laundering regulations, and all other global, regional and local regulations.