Cultivating accountability and transparency during Covid-19 — Akhbar Satar | Malay Mail

Monday, 06 Jul 2020 07:32 PM MYT

The second stimulus package the government allocated another stimulus comprising special allowances for healthcare providers, one-off cash aid and microcredit scheme for small-and medium-sized enterprises , among others. According to Robert Klitgaard’s formula: C=M + D – A. Corruption equals monopoly plus discretion minus accountability. One will tend to find corruption happens when an organisation or person has monopoly power over a good or service, has the discretion to decide who will receive it and how much that person will get, and is not accountable.

This crisis can create environments, where many loopholes leaches that are ripe for corruption and fraud in procurement process such as conflict of interest, embezzlement and tender manipulation or award directly to cronies “with all sorts of reasons being given” to justify the awards. Contracts should be awarded to contractors with evidence of reliability, capability, responsibility, and with a good track record of both technically and financially. If possible, it is good to conduct an honest due diligence on the contractors before awarding the contracts since nowadays getting information via the internet is easily especially on the market price.

Malaysia Latest News, Malaysia Headlines

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

Chinese mainland reports 8 new confirmed Covid-19 casesBEIJING, July 5 (Xinhua): Chinese health authority said Sunday that it received reports of eight new confirmed Covid-19 cases on the Chinese mainland Saturday, of which two were domestically transmitted.
Source: staronline - 🏆 4. / 75 Read more »

Mexico's Covid-19 death toll exceeds 30,000, surpassing FranceIn the Americas, it is the 3rd-most affected country after the US and Brazil. FMTNews Covid19
Source: fmtoday - 🏆 5. / 72 Read more »

Public told to be cautious, although local Covid-19 infection under control | Malay MailKUALA LUMPUR, July 5 — The public has been cautioned on the need to prevent the spread of Covid-19 in the community with the tally on daily positive cases back to two digits. Although only three cases of local infection were reported yesterday, self-control played a key role to break the chain of...
Source: malaymail - 🏆 1. / 86 Read more »

Man wears RM17,000 face mask to protect against Covid-19 | New Straits TimesPUNE, India: An Indian man said he paid about US$4,000 (RM17,000) for a bespoke gold face mask to protect him from the coronavirus raging in the country.
Source: NST_Online - 🏆 17. / 53 Read more »

World sees record 212,326 Covid-19 cases in 24 hours | New Straits TimesTHE World Health Organisation reported a record 212,326 new Covid-19 coronavirus cases in the 24 hours ended early Saturday, the first infection total to top 200,000.
Source: NST_Online - 🏆 17. / 53 Read more »

Countries reinstate lockdowns as Covid-19 cases spiral | New Straits TimesPARIS: Fresh outbreaks of the coronavirus around the world have led to renewed, more localised lockdowns, such as in parts of Catalonia and in Melbourne on Saturday.
Source: NST_Online - 🏆 17. / 53 Read more »