141 3 0 147
Return ill-gotten gains to the people, says TI-M.
| August 30, 2016
'It is not fair that so many people are suffering while the corrupt live beyond their means.'
 |
| Akhbar Satar |
PETALING JAYA: Transparency International Malaysia has proposed that assets seized from corrupt officials be used to benefit the general public, its president Akhbar Satar said.
“It’s not fair that we have so many people suffering while the corrupt live beyond their means,” he said in an interview with FMT, adding that any assets purchased with ill-gotten gains must be liquidated and the funds used for the good of the people.
Akhbar also noted that discussions on corruption often focuses on public officials, when it is actually a problem that also afflicts the private sector as well as political parties.
He said the PriceWaterhouseCoopers’ Global Economic Survey for 2016 showed that corruption in private firms in Malaysia had increased from 19 per cent in 2013 to 30 per cent in 2016.
He also pointed to Transparency’s Malaysian Corruption Barometer 2014 survey, which found that political parties were the most corrupt, followed by the police, and by other public servants.
“Corruption is a cancer for any country and society,” he said. “KPMG’s 2013 Fraud, Bribery and Corruption survey showed that 90 per cent of respondents felt bribery and corruption were a major problem for businesses in Malaysia.”
According to Akhbar, the perception that corruption is a major problem in Malaysia reduces the country’s attractiveness to investors, resulting in reduced opportunities for the people.
If the proceeds from the liquidation of seized assets went back to the public, he said, people would have the incentive to become informers.
He noted that the MACC Act protects informers...
No comments:
Post a Comment