The Malaysian Anti-Corruption Commission (MACC) has called for businesses to spend a fair amount of their annual budget on anti-corruption efforts.
Chief commissioner Azam Baki said it was to ensure that the wealth generated by businesses were shared among the people and not only a few.
“At the same time, we also should work towards ensuring the economic sector is not seen as a safe haven for corrupt actors,” he said in a statement today.
Earlier, Azam delivered his keynote address at the Asia-Pacific Economic Cooperation (Apec) Anti-Corruption and Transparency Experts’ Working Group (ACTWG) virtual meeting titled “Capacity Building Workshop on Exposing the Unseen Hands: Tackling Concealment of Beneficial Ownership”, here.
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(Photo: Bernama pic)