Combating corruption has increasing risen to the top of Malaysian policymakers and company agendas. Even though it has long been a prevalent issue, there is a greater awareness of the negative implications of corruption on both social and economic development. This free ebook provides an examination of Malaysia’s long history of implementing measures to tackle corruption and bribery, with cases occurring for the past four decades.
Major Bribery & Corruption Cases in Malaysia
Your free ebook further examines several real case studies that illustrate how corruption and bribery are embedded within Malaysia’s political and government institutions. As such, efforts must be made to tackle corruption effectively, with evidence suggesting that the increasing number of agencies that aim to do so are failing. However, adopting newly devised measures such as introducing corporate liability for corruption offences (into effect in June 2020) is the turning point for tackling corruption and bribery within Malaysia.
Increased efforts have been made to combat corruption nationally, regionally, and globally due to the growing concern regarding its increasing incidence and negative implications. As a result of the extensive nature of corruption and bribery, the World Bank once identified it as one of the key barriers to social and economic development. Corruption is regarded as a complex, multifaceted phenomenon. Nevertheless, it is widely defined as the abuse of public power and violation of rules for private gains. In this ebook, we will examine the following:
- The impacts of corruption
- How to address corruption?
- Cases of corruption and bribery including:
- The case of the 1MDB (2015)
- The case of the Sabah Water Department (2010)
- The case of the Port Klang Free Zone (PKFZ) (2007)
- The immigration department migrant scandal (2016)
- How to demonstrate “Adequate Procedures” through ISO 37001 Certification
- Find out how effective is your anti-bribery management system
- ISO 37001 solutions to all industries
Major bribery & corruption cases in Malaysia: ABAC policies & solution
ABAC®-M was created to educate, equip and support the world’s leading business organisations with the latest in best-practice due diligence processes and procedures, providing world-class anti-bribery and anti-corruption, compliance and risk management solutions to organisations seeking to validate or expand their existing compliance frameworks to maintain a competitive edge in the world marketplace.
Build trust. Ensure compliance.
ABAC® Center of Excellence is an independent certification body, powered by CRI Group. ABAC® offers a complete suite of services and solutions designed to educate, equip and support the world’s leading business organisations with the latest best-in-practice risk and performance assessments, systems improvement and standards certification. ABAC® programs protect your organisation from damaging litigation and safeguard your business in the global marketplace by providing certification and training in internationally recognised ISO standards, such as ISO 19600 Compliance Management Systems, ISO 31000 Risk Management Systems and ISO 37001 Anti-Bribery Management Systems. Its ISO 37001 Certification services are accredited by the United Kingdom Accreditation Service (UKAS CB number: 10613), making it the leading certification body specialising in anti-bribery management.
ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors, financial and corporate investigators, certified fraud examiners, forensic analysts and accountants.