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Firms urged to form anti-bribery policies

KUALA LUMPUR: The government has urged firms to form their own anti-bribery policies to prevent corrupt activities. 

“The private sector has not come to a realisation that they need to form an anti-bribery policy within their company. We need to change the mindset of the private sector,” said Minister in the Prime Minister’s Department for Governance, Integrity and Human Rights, Datuk Paul Low Seng Kuan. 

Low said he is proposing that corporate liability laws, which will make companies liable if their employees (acting on behalf of the company) were involved in bribery be enforced.

The proposal is part of the department’s effort for sustainable transformation in integrity, governance and human rights.

Low served as the president of a non-governmental organisation called Transparency Malaysia until last year, before joining the Prime Minister’s Department

The minister also said the anti-corruption collective action and coalition against bribery in the construction industry will be launched next week.

“Controlling bribery in the construction industry is the toughest. This new coalition will involve all players including engineers, construction companies, master builders and regulators,” he said.

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