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The fight against corruption is a continuous battle. In an effort to strengthen our anti-corruption stand, Boustead Plantations Berhad collaborated with Malaysian Institute of Corporate Governance (MICG) to conduct a virtual training programme on corporate liability provision on corruption.
The training programme held yesterday, participated by BPB’s Board of Directors and senior management, was aimed to familiarise participants with Section 17A of the Malaysian Anti-Corruption Commission Act.
Section 17A stipulates a corporate liability principle where a commercial organisation can be considered guilty if any of its employees commit corruption for the benefit of the organisation. The new provision encourages commercial organisations to take appropriate and parallel steps to ensure businesses are conducted with integrity and without corruption.
The training programme provided the necessary input for BPB to develop adequate procedures as lines of defence for our organisation, Directors and Management against corruption.
Among participants at the virtual training programme were BPB chairman YB Dato’ Haji Ismail Haji Lasim, BPB CEO Zainal Abidin Shariff and other members from the Board and senior management team.
Corruption erodes trust and undermines all efforts towards society building and economic development. We maintain a zero-tolerance approach against all forms of corruption practices.