Top management can't claim ignorance of graft under new law, says MACC

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

MACC officer says even agreements made through WhatsApp and phone conversations can constitute an offence. FMTNews MACC

The Anti-Corruption Commission says companies need to show they have taken measures and due diligence to protect themselves from corrupt staff members.

“This is not rocket science. It should come naturally under the management policies,” Gupta told a webinar on “Growing Challenges for SMEs in Combating Corruption and Current Trends in Combating Corruption in GLCs and Private Sector”.Gupta, who is from MACC’s community relations branch community education division, said any form of gratification will be included as an offence.

“That is why some people have been charged with multiple offences. This is because there is evidence to prove that the agreements and offers were made at times by various individuals,” he added. If a commercial organisation is found guilty, the penalty under Section 17A is a fine of not less than 10 times the value of the bribe or RM1 million, whichever is higher, or imprisonment for up to 20 years, or both for those involved.Lawyer Selvaraja Muthaya said various sectors have different key areas open to bribery.

“If it is a paper trail, it can be shredded. If it is in the system, then it will be difficult to erase,” he said, adding that such measures could help companies in their defence as prevention comes out of regular monitoring practice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lawyer questions the silence of police over report against MACCGive a mirror each to the Police and MACC. When you see the mirror, you will be looking at the 'same' person. How to take action Is that a surprise? Now the stupid MACC is the everything of Malaysia. They decide on who gets arrested for what like what happened in that incident involving that woman getting tortured by men in a dark room and who gets acquitted for what like what happened in the 1MDB case. And everybody was like... YESSSSS HAMID BADOR...
Source: malaysiakini - 🏆 20. / 51 Read more »