Malaysia steps up fight against financial crime

Indonesia has suffered significant leakages due to corruption, abuse of power, and fraud, with estimated losses of 277 billion MYR (nearly 70 billion USD) over the past six years, affecting public interest.

Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki (Photo: malaymail.com)
Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki (Photo: malaymail.com)

Kuala Lumpur (VNA) - Facing an increasingly complex financial crime landscape, the Malaysian Anti-Corruption Commission (MACC) has taken proactive measures to equip its officers with the latest training, reinforcing its role as the nation’s primary enforcement agency in combating corruption and abuse of power.

MACC Chief Commissioner Tan Sri Azam Baki said the initiative ensures officers’ skills and knowledge are continually enhanced, enabling them to detect and track any corrupt transactions, Malaysia’s national news agency Bernama reported.

This training also involves professionals and enforcement officers from other agencies in the country, helping to enhance knowledge, strengthen governance, and promote integrity within their respective agencies through shared expertise, he said.

According to the official, the MACA has been tasked with providing both internal and external training, including expertise exchanges with agencies at home and abroad.

Since 2017, a total of 517 MACC officers have received accreditation from two prestigious programmes conducted in collaboration with Nottingham Trent University (NTU), namely the Postgraduate Diploma in International Law Enforcement: Anti-Corruption Leadership (Level 7) and the Professional Diploma in International Law Enforcement: Anti-Corruption Studies (Level 5).

Azam said the country has suffered significant leakages due to corruption, abuse of power, and fraud, with estimated losses of 277 billion MYR (nearly 70 billion USD) over the past six years, affecting public interest./.

VNA

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