FELDA, FGVH ink corporate integrity pledge with MACC
KUALA LUMPUR -- Federal Land Development Authority (FELDA) and Felda Global Ventures Holdings Berhad (FGVH) today signed a Corporate Integrity Pledge (CIP) and an Integrity Pact (IP) with the Malaysian Anti-Corruption Commission (MACC).
The CIP and IP were signed by Felda's Acting Director-General Datuk Suhaimi Zainuddin, FGVH's Group President Datuk Sabri Ahmad and MACC Chief Commissioner Datuk Seri Abu Kassim Mohamed.
The signing was witnessed by Prime Minister Datuk Seri Najib Tun Razak, Felda Chairman Tan Sri Isa Abdul Samad and Deputy Minister in the Prime Minister's Department Datuk Ahmad Maslan.
Abu Kassim said CIP was a pledge by Felda to support the government's efforts to focus on aspects of integrity to ensure government-linked companies or agencies adhere to the law, especially making a clear stand of how it operated, and this would be stated in writing as a form of guidance to the company in its business interactions.
Through the pledge, Felda can set itself apart from its peers by demonstrating to its stakeholders that its business operations do not include any hidden risk or costs that are associated with corrupt activities.