Section 17A MACC Act 2009: Ignorance of the Law is Not an Excuse
The enforcement of Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act 2009 on 1 June 2020, marked a watershed moment in the anti-corruption landscape in Malaysia. The provision under Section 17A MACC Act 2009 stipulates a corporate liability principle where a commercial organisation can be considered guilty if any of its employees and/or associates commit corruption for the benefit of the organisation. The commercial organisation is also considered guilty in the event whether the upper management or its representatives know about the corruption acts committed by its employees or associates.
According to the Chief of MACC, ignorance of the law is not a legitimate defence and not an excuse. Join us to find out how you can take appropriate and parallel steps to ensure businesses are conducted with integrity and without corruption. This event is exclusive to BMCC members only.