Marketing

Toggle

Article

MACC to investigate those who plan to ‘monopolise’ government tenders

The Malaysian Anti-Corruption Commission (MACC) will probe into those who plan and “monopolise” government tenders. According to chief commissioner Latheefa Koya, approximately 10 government projects “worth millions of ringgit” are currently being investigated by the Malaysia Competition Commission (MyCC) because the company which secured the tender was suspected of “plotting a bid to cause a loss of public funds”, Bernama reported.

She added that while MACC has received several reports concerning cases about government tenders, it is unable to disclose the information as it can potentially interfere with its investigation. A+M has reached out to MACC for a statement.

Meanwhile, MACC rolled out the Gohek Beskal and Khabak Merdeka 2019 Programme this year to tackle the issue of corruption among young individuals. Koya explained that corruption concerning young individuals “were worrying” and one of the key factors of this issue was insufficient awareness of corruption among this group, Bernama reported. She added that besides launching operations or arrests, MACC will also boost the number of prevention-type programmes, stressing on those that are “more educational and preventive”.

Separately, MACC is also investigating the 1Malaysia Development Berhad (1MDB) scandal and filed 41 civil forfeiture suits in June to recover RM270 million.

IPG Mediabrands and GroupM were among the companies listed and while GroupM declined to comment on A+M‘s queries then, IPG Mediabrands clarified that in 2013, the agency served as media consultants on a Chinese New Year campaign for the Prime Minister’s Nation Branding Division and worked with reputable media owners to execute it. The spokesperson also clarified that all related business proceedings have been verified.

Recently, it was also reported that Alibaba’s president John Michael Evans is among the 17 current and former directors of three subsidiaries of Goldman Sachs facing criminal charges regarding 1MDB.

Between 19 March to 25 September 2012, Evans was the director of Goldman Sachs Asia, during which Goldman Sachs was the bookrunner and arranger for the sale of US$1.75 billion by 1MDB Energy through to 2022. Upon conviction, Thomas said Evans will be imprisoned for a term not exceeding 10 years and a fine of not less than RM1 million.

(Photo courtesy: 123RF)

Read More News

Trending