Corruption worsening in Malaysia, says survey

Malaysia corruptionMalaysian corporate executives said bribery and corruption were worsening in the graft-plagued country, according to a survey, despite government pledges to tackle graft.

Eighty per cent of respondents said they felt bribery and corruption had increased between 2010 and 2012, according to the government-backed survey conducted by professional services firm KPMG and released on January13.

The perception that bribery and corruption were a “major problem for businesses in Malaysia” was shared by 90 per cent of those polled, the survey said.

“A whopping 71 per cent of respondents also believed that bribery and corruption is an inevitable cost of doing business, whilst 64 per cent believed that business can’t be done in Malaysia without paying bribes,” it added.

KPMG said it received responses from 10 per cent of companies on the Malaysian stock exchange, which has about 900 listed firms.



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Malaysian corporate executives said bribery and corruption were worsening in the graft-plagued country, according to a survey, despite government pledges to tackle graft. Eighty per cent of respondents said they felt bribery and corruption had increased between 2010 and 2012, according to the government-backed survey conducted by professional services firm KPMG and released on January13. The perception that bribery and corruption were a "major problem for businesses in Malaysia" was shared by 90 per cent of those polled, the survey said. "A whopping 71 per cent of respondents also believed that bribery and corruption is an inevitable cost of doing...

Malaysia corruptionMalaysian corporate executives said bribery and corruption were worsening in the graft-plagued country, according to a survey, despite government pledges to tackle graft.

Eighty per cent of respondents said they felt bribery and corruption had increased between 2010 and 2012, according to the government-backed survey conducted by professional services firm KPMG and released on January13.

The perception that bribery and corruption were a “major problem for businesses in Malaysia” was shared by 90 per cent of those polled, the survey said.

“A whopping 71 per cent of respondents also believed that bribery and corruption is an inevitable cost of doing business, whilst 64 per cent believed that business can’t be done in Malaysia without paying bribes,” it added.

KPMG said it received responses from 10 per cent of companies on the Malaysian stock exchange, which has about 900 listed firms.



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Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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