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More companies blacklisted for corruption: MACC

KUALA LUMPUR, March 20 (Bernama) -- More local and multinational companies will be blacklisted for corruption as the Malaysian Anti-Corruption Commission (MACC) is very serious about stemming the scourge.

MACC chief commissioner Datuk Seri Abu Kassim Mohamed said to date, two comprising a local and a multinational company had been blacklisted from taking up any contracts for a year in the country.

"The multinational company has been blacklisted for bribery and the local company, for corruption, and more to come.... if we allow companies to be involved in such malpractices, we are not going to move forward to becoming a corruption-free country," he told a press conference after witnessing the signing of the Bank Islam Corporate Integrity Pledge (CIP), here, today.

Therefore, he said, such action (blacklisting) could teach them lessons and difficulties dealing with business without corruption in Malaysia.

Abu Kassim also said that many companies failed to look into the importance of having written policies on fighting corruption, where the problem could lead to improper management of businesses.

In fighting corruption, Bank Islam today also introduced an Integrity Hotline to handle calls pertaining to possible bribery and corruption in the organisation.

Bank Islam managing director Datuk Seri Zukri Samat said customers could call 1800-22-0091 to lodge complaints against such activities.

"We believe this should lead the way among banks in denouncing corruption, as it is ingrained in the teachings of Islam to be fair and just in our business dealings," he said.

 

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