PUTRAJAYA: The Malaysian Anti-Corruption Commission (SPRM) has revealed that the nation incurred losses totaling RM277 billion on account of corruption over the previous five years.
Its Chief Commissioner Tan Sri Azam Baki mentioned the losses have been calculated based mostly on the cumulative estimate of the Gross Domestic Product (GDP) over the five-year interval from 2018 till final 12 months.
“This substantial quantity might have been utilised to assist the general public in varied methods, notably in executing social initiatives corresponding to hospital and college repairs. Regrettably, these funds have been depleted due to corrupt practices,“ he mentioned in his speech on the launch of the National Anti-Corruption Strategy (NACS) 2024-2028 on the Putrajaya International Convention Centre (PICC) right here at present.
Prime Minister, Datuk Seri Anwar Ibrahim officiated the ceremony. Also in attendance have been Deputy Prime Ministers, Datuk Seri Dr. Ahmad Zahid Hamidi and Datuk Seri Fadillah Yusof, in addition to the Chief Secretary to the Government, Tan Sri Mohd Zuki Ali.
Azam mentioned to be certain that the anti-corruption technique has a big affect, the drafting of the NACS is carried out utilizing varied approaches and methodologies to determine areas within the nation which might be susceptible to corruption dangers.
He mentioned the NACS outlines a vital technique that focuses on enhancing integrity, transparency and accountability throughout varied sectors in Malaysia, together with politics, public administration, authorities procurement, legislation enforcement, authorized and judicial establishments, the personal sector and most people.
“It includes five principal methods and 60 sub-methods that will probably be carried out over a five-year interval, ranging from this 12 months till 2028.
“It is hoped that the NACS will function a catalyst to strengthen good governance within the nation, aiming to stop and fight corruption. This is to be certain that Malaysia’s improvement agenda in direction of an built-in and corruption-free nation could be realised,“ he mentioned.
