KUALA LUMPUR: A corporate lawyer says the government will enforce a provision in the Malaysian Anti-Corruption Commission Act to check graft in the private sector beginning next year.
The event, organised by legal firm Lee Hishammuddin Allen & Gledhill, addressed important legal issues for its corporate clients in conjunction with Pakatan Harapan’s one-year anniversary in government.Section 17A of the act states that a commercial organisation commits an offence if a person associated with the organisation corruptly gives, promises or offers any gratification to obtain or retain business.
“A grace period will be given to allow all companies to introduce into their organisations guidelines on adequate procedures which included manuals to prevent corrupt practices,” he said. He said statistics showed that givers are mostly from the private sector while recipients are civil servants.
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