THERE has been a slew of corruption cases that made the news recently, which does nothing good for Malaysia’s reputation nor for instilling trust in institutions. There is also an economic cost to corruption, and the impact is felt in everyday lives of the people, both citizens and non-citizens alike.
In the corporate world and among listed companies, the most recent case involved a shipping company chief executive officer who was released from remand on Wednesday. It is safe to say that many in the country have grown cynical about corruption, given that it remains widespread, from the petty corruption involving local authorities to the headline-busting ones involving billions.
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