Allianz Malaysia Berhad (Allianz Malaysia) today announced its collaboration with the Rasuah Busters movement empowering local communities to reject corrupt practices.
The first insurers to officially join the movement, the Company also revealed its #RasuahBusters. Kami anti rasuah slogan that it hopes will embolden its employees to reject all forms of graft.
Allianz Malaysia Chief Executive Officer Zakri Khir said that the time is now for corporates and individuals to be empowered to demand greater accountability from those in positions of power.
“Corruption exists in every society and industry, including insurance. While we have always been undeterred in our pursuit of good governance, that is guided by principles of transparency, integrity and accountability. As a Company , we can always do better”, said Zakri
“Our pledge of #RasuahBusters, Kami anti rasuah underlines our intent, as a Company, in making a collective stand in rejecting all forms of corruption through our actions, be it at the workplace or on a personal level. We are ready to embark on this exciting journey and be the change we hopes to see in corporate Malaysia.”
Recently, Malaysia was ranked 57th on Transparency international’s Corruption Receptions Index (CPI) 2020 with a score of 51, behind ASEAN neighbours Singapore (join 3rd with a score of 85) with Brunei Darussalam (join 35th with a score of 60)
According to the Malaysia Anti-Corruption Commitee (MACC), 3981 investigation papers on corruption were opened between 2017 and 31 March 2021 with 4194 arrests, 1601 charges, was 856 cases convicted.
Of the overall number of investigation papers, 627 involved the private sector, with 927 arrests made and 256 charges with a conviction rate of 125 cases.
Guest speaker at the launch, MACC Deputy Chief Commisioner (Prevention) Dato’ Sri Shamshun Baharin Mohd Jamil opined , the best step an organization can take when forced with corruption is to strengthen the elements of integrity and anti- corruption practices.
