MyCC cracks down on bid-rigging practices

Malaysia Competition Commission CEO Iskandar Ismail at the press conference yesterday announcing Malaysia's first bid-rigging case in public procurement at MYCC office at the KL Sentral.

KUALA LUMPUR: Malaysia’s previous public procurement deals worth multi-million ringgit have come under scrutiny, as the Malaysia Competition Commission (MyCC) intensifies its investigation into potential bid-rigging practices involving a few hundred companies in several government tenders.

The anti-monopoly commission, which penalised eight companies on March 4 for their involvement in the country’s first big rigging case in public procurement, is currently actively investigating two cases involving bid rigging in tenders issued by the government.