Shipping firm to cooperate with graft-busters

KUALA LUMPUR: MISC Bhd will give its full cooperation to the Malaysian Anti-Corruption Commission (MACC) to assist the latter’s investigation into allegations of corruption and abuse of power involving US$27.8 million (RM108.5 million).

On Monday, it was reported that several MISC officers were colluding with thirdparty contractors in submitting false claims for the maintenance of vessels.

The claims were made between 2010 and 2013.

In a press statement, MISC said it practised a zero-tolerance policy against any form of bribery or corruption by its employees, subsidiaries or anyone acting on its behalf.

“MISC is fully committed to the highest standards of integrity and accountability throughout our business operations.

“The company adheres to the MISC Group’s code of conduct and business ethics, as well as its anti-bribery and corruption policies and guidelines,” the statement said.

Last Wednesday, MACC raided MISC offices in Johor and here.

It was reported that the commission had recorded statements from 12 people.