PUTRAJAYA: The move to require chief executive officers (CEOs) of government-linked companies (GLCs) and government-linked investment companies (GLICs) to declare their assets to the Malaysian Anti-Corruption Commission (MACC) is an initial step towards increasing their respective accountability.
MACC Chief Commissioner Tan Sri Azam Baki said the declaration sends a clear signal that organisational heads must be accountable for their assets and property, thus allowing the public to assess that every organisational head would not arbitrarily accumulate wealth through their positions.
