New Straits Times

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.

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