CEO: Petronas to continue to tackle corruption
The Malaysian Insider
23 JULY 2013 - PETRONAS is intensifying efforts to prevent corruption, unethical practices and conduct among employees within its group of companies and parties it has dealings with.
Some of these measures, introduced gradually over the past year, have shown 'significant positive impact' in the national oil corporation's fight against unethical conduct, said COO Datuk Wan Zulkiflee Wan Ariffin.
"We are committed in our efforts towards a corrupt-free business environment within the PETRONAS Group and all parties working with us or on our behalf."
"We are pleased with the progress and results of these measures that we see so far," he said, responding to queries from Bernama.
One such measure is the group’s Whistleblowing Policy and Procedures, which has become a more preferred channel for registering complaints on actions deemed or perceived to be unethical.
The policy was rolled out with the company’s Code of Conduct and Business Ethics (CoBE) in April last year.
The CoBE contains detailed policy statements on the standards of behaviour and conduct expected of all employees and directors within the PETRONAS group worldwide.
It is also applicable to all parties working with and on behalf of PETRONAS as the provision to comply with the CoBE has been included in all PETRONAS contracts.
Also, in April last year, PETRONAS introduced its 'No Gift Policy' that prohibits the receiving and offering of gifts to avoid conflict of interest in ongoing or potential business dealings between PETRONAS and external parties.
As part of this programme, an 'Anti-Bribery and Corruption Policy and Manual' has been developed and will be rolled out group-wide soon. It will be followed by a series of anti-bribery training.
Since the introduction of CoBE, close to 30,000 employees across PETRONAS’s businesses have attended a series of workshops on it.
Soon, the group will put the programme online to reach out to more employees.
"We have been working very closely with the Malaysian Anti-Corruption Agency (MACC) in many of our initiatives, including in the formulation and implementation of our corruption prevention strategies," added Wan Zulkiflee.
Meanwhile, MACC Chief Commissioner Tan Sri Abu Kassim Mohamed said MACC has always supported any effort and initiative towards upholding good governance and integrity in the corporate sector.
"MACC is pleased to see PETRONAS’ strong commitment in its efforts to prevent and eradicate corruption. Fighting corruption is not the sole responsibility of MACC; cooperation from all sectors is needed to make a graft-free business environment a reality," he said.
"On its part, MACC is strengthening strategic coalitions within corporate sectors and is willing to cooperate with corporations to formulate guidelines, good practices and corporate integrity plan to fight corruption," he added.
PETRONAS’ collaboration with MACC was first announced in March 2012 and culminated in the appointment of MACC’s Director of Community Education Division Datuk Samsiah Abu Bakar as PETRONAS’ Chief Integrity Officer.
Reporting to PETRONAS’ COO, Samsiah has been evaluating existing practices, systems and procedures, and advising on appropriate action plans to mitigate identified corruption risks in PETRONAS’ various processes.
The CIO has also been developing appropriate integrity enhancement programmes for PETRONAS’ staff and relevant stakeholders on integrity and ethical practices, while at the same time supervising the implementation of these programmes to ensure adherence to policies and practices.
"We have zero-tolerance policy towards any form of corruption and misconduct among our employees, contractors and service providers."
"We will continue in our efforts towards making ethics and anti-corruption an integral part of our business operations," Wan Zulkiflee added.