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Business 18 Jan 2014 | 12:00 AM

Curbing fraud, corruption

The majority of respondents of a KPMG survey believes that business cannot be done in Malaysia without paying bribes.

Economy 14 Jan 2014 | 12:00 AM

Most firms see bribery as part and parcel of doing business

PETALING JAYA: An alarmingly high percentage of Malaysian businesses, including a significant number of listed companies on Bursa Malaysia, see bribery and corruption as an “inevitable cost of doing business”, a survey by KPMG Malaysia revealed.

Business 19 Jun 2010 | 12:00 AM

More companies turning to forensic accountants to help deal with fraud

SIME Darby Bhd has done it at least three times. CIMB Group Holdings Bhd have done it too, back when it was known as Bumiputra-Commerce Holdings Bhd.

Business 12 Jan 2010 | 12:00 AM

Survey: Corporate fraud in M'sia expected to increase

KUALA LUMPUR: The number of fraud cases among corporate companies in Malaysia is expected to increase due to the current financial crisis, according to the KPMG Fraud Survey Report 2009.

Business 18 Dec 2009 | 12:00 AM

M&A due diligence and Foreign Corrupt Practices Act

IN a downturn, the likelihood of fraud increases and financial integrity concerns are more frequently uncovered.

Business 31 Jul 2009 | 12:00 AM

How to tackle fraud in business

IN the wake of numerous corporate scandals in recent years, business leaders are acutely aware that they must address fraud and fraud prevention initiatives - either because regulations require it or their organisation's survival depends on it. Yet, implementing a comprehensive and integrated approach to fraud risk management across the enterprise remains a significant challenge.

Business 02 Dec 2008 | 12:00 AM

Companies Commission drops charges

The Companies Commission of Malaysia (CCM) recently withdrew its charge against Sime Darby Holdings Bhd group human resource executive vice-president Mohamed Ishak Abd Hamid for allegedly failing to produce documents relating to an on-going investigation.

Business 05 Jan 2004 | 12:00 AM

Axis aims to be top builder of commercial properties

AXIS group of companies, the property development group that built the RM72mil Crystal Plaza in Petaling Jaya, is upbeat about becoming a leading developer of commercial and industrial buildings in Petaling Jaya and Shah Alam.