MACC focuses on combating corruption in construction sector – Azam Baki
BANGI – The Malaysian Anti-Corruption Commission (MACC) is intensifying efforts to combat corruption, governance weaknesses, and abuse of power within the country’s construction sector. MACC Chief Commissioner Tan Sri Azam Baki highlighted the sector’s vulnerability to corruption, particularly in road and building projects, as well as escalating government contract costs. He stated that MACC is now focusing on government contracts awarded to construction companies at both state and federal levels. “There are significant leakages in the construction sector,” he told reporters at the 3rd National Level Governance, Integrity, and Anti-Corruption Research Conference 2024. To address these concerns, the Special Cabinet Committee on National Governance (JKKTN) has endorsed a proposal requiring all G7-grade companies to obtain MS ISO 37001 Anti-Bribery Management System (ABMS) certification. Companies failing to comply may be disqualified from participating in tenders under the Finance Ministry. Additionally, companies with this certification will be prioritized for work procurement valued at RM100 million and above for the first two years. This initiative aligns with the corporate liability principle under Section 17A of the MACC Act 2009. In his speech, Azam cited a report by the Royal Institution of Chartered Surveyors (RICS), warning that without effective anti-corruption measures, the construction sector could contribute to global financial losses amounting to US$5 trillion annually by 2030. RICS is a global professional body that establishes standards and quality benchmarks for real estate, infrastructure, and construction.