KUCHING, Dec 16: Malaysia has seized RM5 billion in assets, most of which were confiscated assets from the Malaysian Anti-Corruption Commission’s (MACC) investigation into the 1Malaysia Development Berhad (1MDB) corruption scandal.
This was revealed by Minister in the Prime Minister’s Department (Parliament and Law) Datuk Seri Dr Wan Junaidi Tuanku Jaafar at the 9th Conference of State Parties (COSP).
The convention, which started on Dec 13 and ends on Dec 17, was held at the International Congress Centre in Sharm El-Sheikh, Egypt and attended by participants from 152 countries.
In a statement issued by the Prime Minister’s Department (Parliament and Law) today, Wan Junaidi, who delivered his speech via a video recording, said this is the government’s commitment to continue implementing the National Anti-Corruption Plan (NACP) 2019-2023 through the National Centre for Governance, Integrity, and Anti-Corruption (GIACC).
In his speech, he also shared Malaysia’s efforts to fight corruption by implementing key government initiatives.
These include introducing new provisions under Section 17A of the MACC Act 2009 on corporate liability effective June 1, 2020 to fight corruption among the private sector, improving the effectiveness of the Whistleblower Protection Act 2010, the introduction of the Ombudsman Act to address mismanagement in public agencies and making it mandatory for the public and private sectors to develop an Organisational Anti-Corruption Plan (OACP) to identify corruption risks in an organisation.
He expressed confidence that with the strategy and commitment of all parties in the fight against corruption, Malaysia will be able to restore public confidence in government institutions and enable Malaysia to remain competitive on the international stage.
Malaysia’s commitment through the participation of several government departments and regulatory agencies to this conference is a testament to the government’s determination in ensuring that efforts to combat corruption through the principles of transparency and accountability continue to be practised to create a corruption-free ecosystem. — DayakDaily
