PUTRAJAYA, July 3 (Bernama) -- The corporate sector has been urged to sign the Corporate Integrity Pledge (CIP) to prevent corrupt practices in their companies.

Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Datuk Seri Abu Kassim Mohamed said so far, 103 companies had signed the CIP as proof of their commitment to uphold pledge.

"The effect from the signing of this pledge is that it will enhance stakeholders' confidence on the companies' administration," he said at the signing of a Memorandum of Understanding (MoU) between MACC and the Putrajaya Corporation (PPj) here today.

The text of Abu Kassim's speech was read by the MACC Deputy Chief Commissioner (Prevention) Datuk Sutinah Sutan. Also present was PPj president Tan Sri Samsudin Osman.

Abu Kassim said the commission would also encourage the private sector to participate in the Certified Integrity Officers (CeIO) programme to promote integrity, transparency and good governance in their organisations.

"It is hoped that all agencies will have their own Certified Integrity Officers in an effort to promote integrity in their respective organisations in line with the government's aspiration," he added.

On the MoU, Abu Kassim said the terms of reference included for both parties to continue to cooperate to prevent corruption and to ensure all corrupt practices were reported to MACC.