Malaysia’s MISC Confirms Cooperation With Anti-Graft Agency On Alleged Bribery


Dateline 2018-03-06, Nikkei:

Malaysian oil-and-gas shipping firm MISC said Tuesday it has been giving full support and cooperation to Malaysian Anti-Corruption Commission or MACC on the investigation related to company’s alleged bribery.

“The group has a zero tolerance policy against any form of bribery or corruption by our employees, subsidiaries or any persons or companies acting for MISC or on its behalf,” the company said in an exchange filing.

MISC’s response comes following an earlier report by The Sun newspaper, said officials of MISC were under MACC probe over allegations of power abuse and corruption involving about 109 million ringgit ($27.9 million).

 

This entry was posted on Sunday, April 29th, 2018 at 6:15 am and is filed under investment, Malaysia. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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