Sunday, September 20

TI-M welcomes MACC’s call to blacklist Alcatel-Lucent SA and local subsidiary

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KUALA LUMPUR: The blacklisting of Alcatel-Lucent SA and its units by the Malaysian Anti-Corruption Commission (MACC) should serve as a warning to all companies, including multinational companies in Malaysia, that bribery, in whatever form, in securing procurement is not acceptable.

Transparency International Malaysia (TI-M) President Datuk Paul Low said the implementation of the Foreign Corrupt Practices Act in the United States and the upcoming UK Bribery Act 2010 in the United Kingdom were important legislation that would deter corrupt practices by international companies and their Malaysian partners.

The MACC recently suggested that Alcatel-Lucent SA and its subsidiary, Alcatel-Lucent Malaysia Sdn Bhd, be blacklisted from conducting business in the country.

The company had on December 28, 2010 admitted in the United States of having committed graft in Malaysia.

TI-M also called on the MACC and the attorney-general’s office to act without fear or favour against any party which has committed corruption when sufficient evidence of such crimes exist. — Bernama