Anti-Corruption Commitment
The provision under Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act 2009 that come into effect June 1, 2020 stipulates corporate liability principle where a commercial organisation can be found liable if any of its employees and/or associates commit corruption for the benefit of the organisation. The commercial organisation is also considered liable in the event whether or not, the upper management or its representatives know about the corruption acts committed by its employees or associates.
In line with the enforcement of Section 17A of the Malaysian Anti-Corruption and Commission (MACC) Act 2009 (Amendment 2018), ExcelVite has implemented the following policies to ensure adequate measures are taken to comply with this provision under Section 17A of the MACC Act 2009:
Anti-Bribery and Corruption Policy (ABAC)
Document Number EV_QA_SP_0020, effective date 12 Apr 2021
- EV’s commitment in combating acts of bribery and corruption in all its business practices
- The scope of coverage of the policy include Directors, employees of EV, as well as all business associates or third party individuals doing business with and for EV
- Definition and scope of “gratification” according to the MACC Act 2009
- Mode of reporting policy violation
Whistle Blower Policy
(Document Number EV_QA_SP_0021, effective date 12 Apr 2021)
- EV provides a platform for employees and others to disclose wrongdoings or corruption, or suspicions of the same – for further investigation
- EV’s expectations on a whistle blower’s detailed evidence submission
- EV’s assurance on protecting the privacy and safety of the whistle blower
- Procedure of lodging an issue of concern
