Corporate Malaysia: Waging war on corruption

WITH just four more months before the much-awaited corporate liability law comes into effect, the Malaysian corporate scene has been rocked by an alleged multi-billion-ringgit corruption case that brings into light what the regulators are trying to clean up in Corporate Malaysia.

In this case, the settlement between Airbus and the United Kingdom’s Serious Fraud Office revealed a saga that also involves Malaysia’s leading budget airline, AirAsia and two of its executives.