MACC mulls adopting UK legal framework for corporate cases, says Azam Baki

  • 2 minutes ago
The Malaysian Anti-Corruption Commission (MACC) is exploring the possibility of adopting elements of United Kingdom law to manage large-scale corporate cases in Malaysia.

MACC chief commissioner Tan Sri Azam Baki said discussions are underway with the Attorney General’s office to assess whether the Deferred Prosecution Agreement (DPA) legal framework could be adapted for local use.

Read more at https://shorturl.at/jdx7M

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Category

🗞
News
Transcript
00:00Is there any move to propose this Deferred Prosecution Agreement?
00:04Deferred Prosecution Agreement, yes.
00:06Deferred Prosecution Agreement means, for those who don't know,
00:10it is called Penanguhan Penawar.
00:14Deferred Prosecution based on certain settlement.
00:19This is a law that we are proposing in the United Kingdom.
00:23It means, for these cases that involve corporate sector and on a large scale,
00:29for example, if I can show you an example of Airbus.
00:32If we look at it, it is mentioned in the Airbus case,
00:34where a series of court of appeals from the UK and also from France
00:39are using this DPA, Deferred Procedure Agreement,
00:43which ends up with the company being fined.
00:46They have to pay, if I'm not mistaken, more or less EUR 6 million.
00:49So, this law, we are trying to discuss with the parties.
00:55This is part of the experiment.
00:57Discussing with the country's lawyers,
00:59looking at various angles for the adequacy for P&C,
01:04for our consumption in Malaysia.
01:09We are not going to negotiate 100%,
01:12but we are taking a benchmark from the countries involved
01:15and also from the United States.
01:17Do you think that will improve the CPI for Malaysia?
01:20Surely.
01:21Because for me, the watchdog is looking at us,
01:25what kind of improvement, what kind of initiative we are doing,
01:30and what we are planning to do, and then our achievement.
01:35So, we can't just talk about it.
01:37We have to implement it.
01:39So, in terms of the CPI,
01:42that's why we have a task force,
01:47and also we have five consultants to help us.
01:54Because in terms of the CPI,
01:58we need to know what is actually perceived by the respondents.
02:05The respondents are not from our country, actually.
02:08Respondents are from abroad.
02:10Especially from expatriates and business people.
02:13So, among other things,
02:15I would like to say that not all of them are expatriates.
02:20That's right.
02:21One of the nine expatriates,
02:23where we are responsible,
02:25such as enforcement,
02:27where the case is large-scale,
02:29whether to take action or not,
02:31whether to be accused quickly, and so on.
02:33And also what kind of punishment we do.
02:36But there are more,
02:38for example,
02:39related to freedom of speech,
02:41related to human rights,
02:43business ethics, and so on.
02:44So, the government's efforts now
02:46is to create a good business environment.
02:50With that, it will attract many investors.
02:52This is also another area
02:55that will be seen by the business people.
02:59So, we see how we reduce bureaucracy, for example.
03:05And also the engagement made by the ministers
03:08in meeting with many parties abroad,
03:10that is also one of the factors
03:12that I think will affect our actions.
03:16The actions of the SPRM are not less
03:19in terms of first,
03:22making a law,
03:23and also improving the status quo
03:25in the government,
03:27in the public sector.
03:29If our country is protected,
03:34where, for example,
03:37corruption and law enforcement are so serious,
03:40so bad,
03:41it may also have an effect
03:44on other indexes.
03:46This is also called the perception index.
03:48So, we have to reduce this negative perception.
03:52So, in terms of reducing this negative perception,
03:55that's what we have to do,
03:56engagement with the experts present now.

Recommended

0:46
I
Up next
Melaka latest state to declare GISB teachings deviant
The Star
1:32
"Ahmad Zahid's 'Kutty' statement affected my popularity," Dr Mahathir says
The Star
1:30
GISB: Charity home warden charged with sexual abuse of 13-year-old
The Star
2:51
GISBH pleads to be allowed to continue business activities
The Star
4:33
Parliament should discuss banks’ responsibility to protect depositors against scams, says Azalina
The Star
1:41
I'm not in a rush to return to politics, says KJ
The Star
2:38
Interpol Blue Notice issued against American couple over murder of Dutch model Ivana Smit
The Star
3:15
Visit of two Chinese navy ships followed proper diplomatic channels, says Tok Mat
The Star
2:57
Watch as storm-chaser captures first supercell of the autumn in northern Croatia
Newsflare
1:16
Cloud of thousands of bats fly out of cave in remote Cambodia
Newsflare
1:02
Traffic halts on Sri Lanka road as huge herd of elephants cross en masse
Newsflare
4:32
Masjid India sinkhole investigation in final stages, says FT Minister
The Star
6:19
More arrests, cash seized by MACC in ongoing probe into unnamed politician’s graft
The Star
6:40
Questions by govt MPs to be given priority during oral Q&A in Parliament, says Speaker
The Star
1:31
Israeli strike hits tents for displaced Gazans sheltering in hospital
The Star
3:57
Speaker reminds MPs Parliament is no-smoking zone
The Star
0:51
Pasar Besar Kuala Krai ravaged in fire
The Star
1:29
Sze Fei-Izzuddin are Arctic Open champs
The Star
2:39
Floods: Evacuee numbers rise in Johor, Perak, and Kedah
The Star
3:55
Judicial independence must prevail, says Anwar
The Star
1:42
Direct Mufti Bill inquiries to Religious Affairs Minister, says Anwar
The Star
2:45
Tax waiver for UTAR strictly for education purposes, says PM
The Star
3:37
Malaysia set to capture world's attention with Asean 2025 chairmanship, says PM
The Star
4:24
Take immediate action to address brain drain, urges Chinese Chamber of Commerce president
The Star
4:53
Japanese hope Nobel Peace Prize warns world against nuclear weapons
The Star