THE Malaysia Competition Commission (MyCC) and the Malaysian Anti-Corruption Commission (MACC) will work together to address the issue of leakages in procurement, especially involving government agencies.

MyCC in a statement today said the two agencies had agreed to sign a memorandum of understanding (MoU) to establish a platform for smoother cooperation.

MyCC said the effort was important in order to improve the country’s economy, in line with aspirations to create a clean, competitive economic environment among businessmen, companies, or consulting firms when participating in government procurement projects.

“MyCC and MACC have agreed to address the issue of leakage in government procurement, as joint investigation is necessary especially for cases involving bid-rigging and systematic corruption.

“MyCC is currently investigating tenders worth more than RM6 billion involving more than 600 companies that may have issues not only with regard to bid-rigging, but also elements of corruption. With this cooperation, there will be a more comprehensive solution to the problem,” said the statement.

The agreement was sealed following a visit from a MyCC delegation to MACC headquarters today. MACC chief commissioner Azam Baki was present to receive the visitors. – Bernama, November 13, 2020.