KUALA LUMPUR: Legal provisions on corporate liability are being drafted to complement existing laws to promote business ethics, said Prime Minister Datuk Seri Najib Tun Razak.
"To truly build sustainable economies, we must also signal our commitment to ethical business practices by acting and reforming to tackle corruption at home," he said when closing a train-the trainer workshop here.
The workshop covers voluntary code of business ethics in medical, biopharmaceutica as well as construction in engineering sectors organised by the Malaysia Institute of Integrity.
"I want to make corruption part of Malaysia's past, not its future.
"And that means changing organisational as well as business cultures," he said.
Najib said companies participating in government tenders have signed integrity pacts.
“Multi-national, public-listed, and government-linked companies have voluntarily strengthened internal controls and participated in a corporate integrity pledge exercise to showcase their commitment to anti-corruption principles." He said.
Najib said the Malaysian Anti-Corruption Commission had trained and certified officers instrumental in setting up integrity units in all government agencies and government-linked companies over the last three years.
- malaysiandigest.com
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