LUNAS-Vendor Partnership: Embedding Integrity Under Section 17A
Lumut Naval Shipyard (LUNAS), through the Risk, Integrity & Compliance Department in collaboration with the Commercial & Vendor Management Department, partnered with the Malaysian Anti-Corruption Commission (MACC) to organise an awareness session titled “Section 17A Corporate Liability – A Collective Commitment to Ethical and Responsible Business.” The initiative reflects LUNAS’s commitment to strengthening governance, integrity and compliance across its ecosystem, including vendors and partners.
The session, delivered by MACC’s Community Education Division, provided practical insights into Section 17A of the MACC Act 2009 and highlighted corporate liability for corruption involving associated persons. It reinforced that integrity is a shared responsibility across the value chain, supported by the T.R.U.S.T Principles as a foundation for adequate procedures.
This engagement further reinforces LUNAS’s commitment to a strong governance and accountable vendor ecosystem, promoting transparency, compliance and strong ethical practices across all business relationships.
Lumut Naval Shipyard (LUNAS), through the Risk, Integrity & Compliance Department in collaboration with the Commercial & Vendor Management Department, partnered with the Malaysian Anti-Corruption Commission (MACC) to organise an awareness session titled “Section 17A Corporate Liability – A Collective Commitment to Ethical and Responsible Business.” The initiative reflects LUNAS’s commitment to strengthening governance, integrity and compliance across its ecosystem, including vendors and partners.
The session, delivered by MACC’s Community Education Division, provided practical insights into Section 17A of the MACC Act 2009 and highlighted corporate liability for corruption involving associated persons. It reinforced that integrity is a shared responsibility across the value chain, supported by the T.R.U.S.T Principles as a foundation for adequate procedures.
This engagement further reinforces LUNAS’s commitment to a strong governance and accountable vendor ecosystem, promoting transparency, compliance and strong ethical practices across all business relationships.
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