Despite Malaysia's high-profile anti-corruption crusade, half
of the corporate executives surveyed by a global corruption watchdog believe
that competitors have obtained business in the country through bribery.
Transparency
International said Malaysia scored worst in the 2012 Bribe Payers Survey.
It asked nearly 3,000
executives from 30 countries whether they had lost a contract in the past year
because competitors paid a bribe, and in Malaysia, 50% of them said 'yes'.
Second
on the dubious honor roll was Mexico, which was at 48%.
According
to the Wall Street Journal, Japan was ranked as the world's least-corrupt place
to do business, with just 2% of respondents saying they had lost out due to
bribery.
Malaysia's
neighbour Singapore was second-cleanest, which was at 9%.
Even
Indonesia, with a long-standing reputation for corruption, fared better than
more-developed Malaysia.
By
comparison, 27% of respondents in China said they thought bribes had cost them
business, the report said.
"It
shows the attitude of private companies in Malaysia, indicating that bribery in
the public sector could be systemic and in a sense institutionalized,"
Paul Low, president of the Malaysian chapter of Transparency International,
said.
Source:
http://www.hindustantimes.com/world-news/Americas/Malaysia-is-world-champion-in-corruption/Article1-972080.aspx#.UMkUPrLSiqY.email
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