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Saturday November 21, 2009

PKA to implement suggestions on corporate governance


PETALING JAYA: The Port Klang Authority (PKA) will implement the suggestions of the ad hoc committee on corporate governance.

Its chairman Datuk Lee Hwa Beng said the decision to accept the recommendation of the Chief Secretary to the Government Tan Sri Mohd Sidek Hassan to implement the suggestions was made at the PKA meeting on Thursday.

He added that the suggestions would be carried out with the assistance of the ad hoc committee chairman Datuk Paul Low.

“Low, who sits on the PKA board in an advisory capacity, has been asked to present further details at PKA’s next board meeting in Decem­ber for us to embark on the initiation of these recommendations,” he said in a statement yesterday.

Lee was responding to Mohd Sidek’s statement in media reports that the PKA should consider the suggestions of the ad hoc committee. He said Transport Minister Datuk Seri Ong Tee Keat had also directed the PKA to organise a seminar on corporate governance together with Transparency International Malaysia sometime next year.

“This seminar will involve all the port authorities in Malaysia. Relevant industry players will also be invited to participate,” Lee added.

Lee said the PKA would also look into strengthening PKA’s internal audit section and the implementation of the whistle-blower policy.

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