The Pakatan Harapan (PH) government of Malaysia has taken several initiatives to curb corruption practices that have become a spreading cancer in several administrations nationwide.
The corruption cancer was inevitably the stumbling block towards the speedy development and prosperity of the nation.
Immediately after winning the 14th General Election on May 9 2018, the new Prime Minister Dr Mahathir Mohamad has vowed to bring all previous allegedly corrupted leaders to court and charge them.
True enough many suspected leaders from the previous Barisan Nasional government including Former Prime Minister Najib Razak and Deputy Prime Minister Ahmad Zahid Hamidi and several others have been charged in court with several counts related to money laundering, bribes, and abuse of power.
“Nobody is above the law,” Dr Mahathir reiterates.
PH government has also set up the Governance, Integrity and Anti-Corruption Centre (GIACC) and the National Anti-Corruption Plan (NACP) 2019 -2023 on January 28 to fight this social phenomenon.
Recently Dr Mahathir has made it compulsory for all lawmakers, including himself and the opposition MPs’ and their families to declare their assets.
“All must declare their assets. This has to go through the Speaker of the Dewan Rakyat before it can be initiated.”
Meanwhile, Deputy Prime Minister Datuk Seri Dr. Wan Azizah Wan Ismail, who is currently on a three-day-visit to Geneva, has proudly said that PH government is now fighting corruption nationwide and Malaysia will soon be known to the world as a country of integrity and anti- corruption, if not say of “Zero corruption”.
“We have to be thrifty. But, we will also not neglect the welfare of the people. We want to see that and after this our country would be well governed,” she was quoted by the Star as saying at a breaking of fast with Malaysians in Geneva on Tuesday (May 14)
Dr Wan Azizah also admitted that Malaysians have chosen to change the government on May 9 last year because they wanted to see a new, clean Malaysia.
“Congratulations to all as this is one of the things that have made us succeeded together. If the people did not change the government on May 9, last year, we would not be able to change our fate in our nation,” she added.
Malaysia was ranked number 61 least corrupt nations out of 175 countries, according to the 2018 Corruption Perceptions Index reported by Transparency International (reported in Trading Economy website).
Since 2015 Malaysia has become notoriously famous for the world`s highest level of corruption where billions of dollars were allegedly stolen and siphoned abroad by the Former Prime Minister Najib Razak and other high ranked Malaysian officials. The whole world including USA, Singapore and Switzerland have been engaging in investigations into this scandal since its revelation.
According to the Star, Malaysia’s extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from a state fund and go on a worldwide spending spree buying up super-yachts, paintings by Van Gogh and Monet, and financing a Hollywood blockbuster.
The controversy had a huge impact to Malaysia, contributing to the downfall of a coalition that had ruled the country since its independence from Britain in 1957.
According to Bloomberg, Malaysia 1MDB scandal has shocked the financial world.
Malaysia’s state-owned investment fund,1MDB, was supposed to promote development. Instead, it has spurred criminal and regulatory investigations around the world that cast an unflattering spotlight on deal-making, election spending and political patronage under former Prime Minister Najib Razak.
The figures are mind-boggling,of the $8 billion that 1MDB raised via bond sales, the U.S. alleges more than half was siphoned off.
Angry voters ousted Najib in the 2018 general election that ended his party’s 61 years of rule.
A series of trials on corruption and other charges has begun in Malaysia and U.S. prosecutors have implicated at least three senior bankers from Goldman Sachs Group Inc., one of whom admitted to bribery. It is reported by a news portal that Malaysia has also filed criminal charges against the U.S. bank. – Malaysia World News