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June 20, 2017

Malakoff Signs Corruption-Free Pledge

Company Committed to Uphold Highest Integrity in its Operations

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KUALA LUMPUR, 20 June 2017 – Malakoff Corporation Berhad (“Malakoff”) in collaboration with Malaysian Anti-Corruption Commission (“MACC”), signed the Corruption-Free Pledge (also known as Ikrar Bebas Rasuah or IBR) at its Kuala Lumpur headquarters today.

IBR is an initiative introduced recently by MACC that emphasizes on the pledge and oath voluntarily taken by an organization’s leadership and members in an individual capacity to hold each of them accountable and responsible for carrying out their duties and to hinder them from engaging in any corruption misconduct throughout their tenure.

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“By taking the oath and signing the pledge, Malakoff is committed to become a corporate company that is free from corruption and practices good corporate governance with the highest integrity in our domestic and international operations. This also serves as a reassurance to our staff, stakeholders and clients that we have taken the necessary steps to prevent corruption," said Group Managing Director of Malakoff, Datuk Wira Azhar Abdul Hamid in his speech.

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He also added that the pledge served as a strong reminder to individuals to stay away from corruption when dealing with Malakoff and that the company will not compromise with anyone found guilty of committing corruption.

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During the event, Datuk Wira Azhar led Malakoff staff in the IBR signing and pledging ceremony witnessed by MACC’s Deputy Chief Commissioner (Prevention), Dato’ Shamshun Baharin bin Mohd Jamil.

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