Is corporate Malaysia ready for new laws against bribery?

  • Business
  • Wednesday, 24 Jul 2019

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.

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