MyCC and MACC to Join Forces in Tackling Leakages in Government Procurement
The Malaysia Competition Commission ("MyCC") paid an official visit to the Malaysian Anti-Corruption Commission (“MACC”) headquarter, led by Iskandar Ismail, Chief Executive Officer of MyCC. During the visit, an all-inclusive discussion was held with MACC’s Chief Commissioner, the Honourable Datuk Seri Azam Baki, wherein, both of the enforcement agencies had come to a mutual understanding that it is high time for both parties to collaborate in tackling the issue of leakages in government procurement.
MyCC and MACC agreed, that in dealing with the stream of leakages in government procurement, joint investigations are necessary, if not, vital, especially where cases involve bid rigging and systematic corruption. With this in mind, both parties further agreed for a Memorandum of Understanding (“MoU”) to be formed in efforts to create a platform where both parties may work together seamlessly. This collaborative effort is an essential step towards the improvement of the national economy together with the creation of a clean competitive economic setting amongst businessmen, companies or consulting firms alike when participating in government procurement projects.