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PETALING JAYA: The Government views the allegations of kickbacks of US$700,000 paid to Malaysians by Alcatel Lucent SA for it to win a US$85mil telecoms contract between 2004 and 2006 very seriously and Information, Communications and Culture Minister Datuk Seri Dr Rais Yatim wants the Malaysian Anti- Corruption Commission (MACC) to investigate the matter.
ETALING JAYA: Telekom Malaysia Bhd's (TM) move to set up a task force to investigate the alleged improper payments from Alcatel-Lucent SA to its staff is a step in the right direction towards better corporate governance, according to analysts.
SINGAPORE: Multinational companies trying to get a bigger piece of the Asia growth story face a rising risk of becoming embroiled in corruption scandals unless they enforce stricter compliance norms and new regulations.
PETALING JAYA: Telekom Malaysia Bhd (TM) says KPMG Corporate Services Sdn Bhd has concluded the internal investigation to identify TM employees who previously took bribes from Alcatel Lucent SA and submitted the report to the Malaysian Anti-Corruption Commis-sion (MACC) yesterday.
ALCATEL-LUCENT has been blacklisted for 12 months.