: A new legislation to govern Federal Statutory Bodies and their subsidiaries will be introduced, according to the Prime Minister’s Office today.
According to the statement, it relates to aspects of enhancing legislation, standard operating procedures, and infrastructure to be scrutinised by the respective regulatory entities and implemented by enforcement agencies under their respective jurisdiction. Other initiatives are the issuance of guidelines on the management and governance of BBP by the Implementation Coordination Unit of the Prime Minister’s Department on April 30, 2024, and the directive from the Prime Minister regarding the governance of Government-Linked Companies and Companies Limited by Guarantee that was issued on May 20 this year.
The statement also mentioned that since the launch of NACS on May 7 this year, 60 national sub-strategies have been introduced, demonstrating the government’s determination and commitment to combatting corruption.