Malaysia: Section 17A Of MACC Act 2009 is in force

Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act 2009 (Amendment 2018) which comes into force today will encourage business activities with good integrity and promote good corporate governance practices.

In essence, under Section 17A of the MACC Act 2009 (Amendment 2018), commercial organisations are also liable to punishment if their employees or associates are involved in crimes of corruption.

The MACC, in a statement, said the date of enforcement was issued by the power of the Minister in the Prime Minister’s Department (Parliament and Law) Datuk Takiyuddin Hassan through the Federal Government Gazette P.U (B) 247 dated May 27, 2020.

The full original article can be found at bernama.com
(Photo: File photo from Bernama)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top