Section 17A of MACC Act in force today | The Malaysian Insight

Section 17A of MACC Act in force today

Commercial organisations face a fine of not less than 10 times the value of the bribe, or RM1 million, whichever is higher, or imprisonment of up to 20 years, or both, if found guilty under Section 17A of the MACC Act. – The Malaysian Insight file pic, June 1, 2020.

SECTION 17A of the Malaysian Anti-Corruption Commission Act 2009 , aimed at boosting integrity and good governance among businesses, comes into force today. Under the law, commercial organisations are liable to be punished if their employees or associates are found to be involved in graft. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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