Cambridge Analytica, the MeToo movement, Theranos, The Trump Whistleblower and other stories of whistleblowing have been the key to forcing cultural changes. For organizations, primarily corporations, whistleblowing is becoming more accepted as an early detection tool for violations. Meanwhile, for whistleblowers, the whistleblowing system is not always robust enough to keep...
To prevent bribery from occurring, the corporation needs to do a 'clean-up'. Not only internally but externally too, that is, in relation to third parties. If a third party is involved in a violation, the corporation's reputation as a partner is also risky even though the corporation is not directly...
Fraud can take many forms, one of them being bribery. Where about USD 1 trillion of bribes are paid annually worldwide according to the World Bank. Bribery generates negative economic, moral and social impacts. In a corporation, bribery increases operational costs and has the greatest potential to degrade the company’s...
Earlier this year in February, the academic background of Marzuki Yahya, the Deputy Minister of Foreign Affairs was called into question by Malaysians. A police report was also lodged by Muhsin Abdul Latheef, a political activist who disputed the legitimacy of the deputy minister's degree. Initially, the deputy minister informed the...
In the digital age, everything is rapidly changing, including the growth of technology and innovation. This especially relates to Generation Z (Gen Z). The Gen Z group is a population of individuals aged between 10-24 years old (born between 1995 - 2009). This generation grew up using modern technologies and...
This book outlines the best practices for implementing a whistleblowing system in terms of protection for whistleblowers. In this book, experienced lawyer Frederick D Lipman describes whistleblowing best practices in four parts. In the first part of this book (chapters 1-3), Lipman outlines the classification of whistleblowers and how the...
In the stages of establishing an Anti-Bribery Management System (ABMS), after corporations identify the risks of bribery in their business processes, these corporations should then build an ABMS as a solution to reduce the discovered risks. However, having ABMS in place is not enough, as corporations must be determined and...
Japanese media giant Nikkei lost US$ 29 million after transferring that amount of the money to a malicious third party. In a press release released on October 30, Nikkei, Inc. said that its subsidiary in The United States of America transferred funds amounting to approximately US$ 29 million to a third...
