Is corporate Malaysia ready for new laws against bribery?


Speaking to StarBiz, Minority Shareholders Watch Group (MSWG) chief executive officer Devanesan Evanson said that many businesses in Malaysia were still delaying their compliance with the requirements of Section 17A.

PETALING JAYA: Businesses in Malaysia have less than a year to comply with the legal anti-bribery provisions of the Malaysian Anti-Corruption Commission (MACC) Act, but concerns have risen on the readiness and awareness of commercial organisations, especially small-scale businesses.

Questions have also been raised on whether local businesses have implemented adequate internal measures to prevent potential acts of corruption.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

CME data centre outage caused by human error
Volkswagen to invest US$186bil through 2030, CEO Blume says
Cautious outlook for manufacturing sector in 1H26
Sime Motors aiming for higher EV market share
Colombian women take on�coffee patriarchy
Bumps in Perodua’s EV march
Stellantis to get Canada default notice after moving jeep line to America
TMK Chemical resolute in meeting targets
Musk denies SpaceX seeking US$800bil valuation
OMS Energy looks to region, M&A for growth

Others Also Read