Business

Petronas signs Declaration of Corruption Free Pledge with MACC

1,802 NGOs, agencies, ministries, GLCs have committed to promote clean governance

Updated 4 years ago · Published on 06 Aug 2022 11:00AM

Petronas signs Declaration of Corruption Free Pledge with MACC
Petronas is now among the 1,802 entities who have signed the Declaration of Corruption Free Pledge with the Malaysian Anti Corruption Commission (MACC) and is committed to promote clean governance in the country. – Pic courtesy of Malaysian Anti Corruption Commission, August 6, 2022

KUALA LUMPUR – Petronas joins 1,802 other entities which have signed the Declaration of Corruption Free Pledge with the Malaysian Anti Corruption Commission (MACC).

The pledge, led by its CEO Datuk Tengku Muhammad Taufik Tengku Aziz yesterday was taken with the senior management at its headquarters at the Petronas Twin Towers here, and witnessed by chairman Tan Sri Bakke Salleh and MACC chief Tan Sri Azam Baki.

“I believe the corruption-free pledge does not stop at this event as I see that Petronas has realised its anti-corruption initiatives with total compliance with the directions of the government, evidenced by the setting up of the Integrity and Governance Unit (IGU) and the Organisational Anti Corruption Plan,” said Azam.

He added that these initiatives are important elements to ensure that an organisation has implemented adequate measures in line with the legal requirements of corporate liability.

The pledge was initiated in 2018 and places emphasis on the oath voluntarily taken by an organisation’s leadership and members to hold each of them accountable for carrying out their duties with integrity, as well as to hinder them from engaging in any corrupt misconduct throughout their tenure.

So far, 1,802 entities, including corporations, NGOs, government agencies, government-linked companies and ministries have signed the pledge that underscores their commitment to work towards a progressive, corruption-free nation. – The Vibes, August 6, 2022

Related News

Malaysia / 4d

Federal revenue to hit RM380.8 billion in 2027, tax collections lead growth

Business / 1w

Maritime expert continues to seek updates on cargo report

Malaysia / 1w

MACC chief urges staff to confront weaknesses, learn from mistakes

Business / 1w

Petronas, partners finalise LNG Canada Phase 2 investment decision

Malaysia / 2w

Asset declaration: Why involve my 12-year-old son, asks Saravanan

Malaysia / 2w

MACC orders Saravanan, wife, and three children to declare assets

Spotlight

Malaysia

Haze: Schools in Johor, Melaka, and Negeri Sembilan to close tomorrow

Malaysia

Tun Mahathir’s health improves, but not ready to leave hospital

Malaysia

LPT3 row puts Kelantan’s infrastructure priorities under scrutiny

Malaysia

Terengganu royal family member sues two banks over RM1.99m missing from savings

Malaysia

Irene Sofiya murder probe referred to Johor prosecutors for review

Malaysia

Teacher denies negligence charges over fatal school SUV crash in Kota Bharu

Malaysia

Sulaiman Md Ali opts out of Melaka polls, will not defend Lendu

You may be interested

Business

Oil prices retreat below US$104 as markets weigh Middle East risks

Business

Oil prices stay above US$93 as Middle East tensions put pressure on ringgit

Business

SC targets stronger board oversight through higher standards for company secretaries