Malaysia's FGV to pick auditor to assess forced labour accusation

KUALA LUMPUR: Malaysia's FGV Holdings Bhd will appoint an independent auditor to assess its operations for signs of forced labour on the advice of U.S. Customs, the company told the stock exchange on Friday, with a report expected eight months later.

In September, the U.S. Customs and Border Protection banned imports from the world's largest producer of crude palm oil over accusations of forced labour.The company said it was seeking proposals and expected to make its choice in August, immediately after which will begin the assessment against 11 criteria set by the International Labour Organization.

"FGV estimates that it would be able to submit to the CBP... the assessment report together with FGV's proposed remediation plan within eight months upon the appointment of the independent auditor," it added. FGV has previously said it was disappointed by the U.S. accusation, despite its steps in past years to show commitment to human rights and upholding labour standards.

U.S. Customs had said it would consider a petition to revoke the import ban if FGV could provide credible evidence that it did not use forced labour.

Singapore Latest News, Singapore Headlines

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

'Every smile you fake' - an AI emotion-recognition system can assess how 'happy' China's workers are in the officeThe system, developed by Shenzhen-based Taigusys, claims to assess emotions accurately and analyze the 'amount of happiness' on a person's face.
Source: YahooSG - 🏆 3. / 71 Read more »

Plans to ease Covid-19 rules on June 21 being relooked due to ‘major new cluster’ in Bukit Merah: Lawrence WongSINGAPORE — The multi-ministry task force handling Singapore’s response to Covid-19 is evaluating the Duh..! Open concept and people cannot dine in, still kena virus. All because of Indian PM Modi who started this variant so did he apologise to via TV Radio and Social Media if not he should do so and step down from the post immediately DO NOT FUCK WITH 21 June!
Source: TODAYonline - 🏆 1. / 99 Read more »

Perks of that plastic: Here's how women can make the most out of their credit card\n\nWith so many types to choose from, picking the best one for your needs will help you enjoy more perks and savings even as you spend.\n\nIn partnership with UOB.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

France arrests conspiracy theorist after Malaysia stayPARIS: French police on Wednesday (Jun 16) arrested a leading figure in conspiracy circles over the kidnapping of an eight-year-old girl in April, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Source: BusinessTimes - 🏆 15. / 51 Read more »

Philippine minister aims to deploy more nurses, healthcare workers overseasMANILA: The Philippines' labour minister said on Wednesday (Jun 16) he will ask for government approval to allow 5,000 more healthcare workers to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »