Putrajaya announces powerful integrity committee to monitor all GLCs

Prime Minister Dr Mahathir Mohamad says the execution and reporting of the core functions will be supervised by the Malaysian Anti-Corruption Commission.

PUTRAJAYA: Prime Minister Dr Mahathir Mohamad today announced the setting up of an integrity and governance unit (IGU) at all government-linked companies (GLCs) and corporations owned by ministries as well as government departments.

The order, which came into effect on Oct 5, is in line with the government’s wish to make Malaysia a corruption-free country.

“The government has undertaken to strengthen and enhance corporate integrity and governance for all GLCs, through the setting up of the IGU.

“This unit will be placed under the company’s board of directors, while the execution and reporting will be supervised by the Malaysian Anti-Corruption Commission (MACC).

“GLCs have a grace period of two years, from the date of this order, to set up the IGU,” he said at a press conference after chairing the Special Cabinet Committee Meeting on Anti-Corruption at his office here today.

Mahathir said since the committee was set up six months ago, it has achieved 60 initiatives to improve the process and system of governance, integrity and anti-corruption action.

He said the efforts will be monitored by the Governance, Integrity and Anti-Corruption Centre (GIACC) to ensure execution by the ministries.

“We want Malaysia to be known for its integrity, not corruption,” he said.