LETTERS: Malaysia enacted the Whistleblower Protection Act 2010, which promotes the disclosure of information on corruption or other misconduct.
Ethical conduct and whistleblowing were promoted in organisations after the enforcement of Section 17A under the Malaysian Anti-Corruption Commission Act 2009 (MACC Act 2009) in June 2020.
This was part of the implementation of the T.R.U.S.T. procedures prescribed in the Ministerial Guidelines on Adequate Procedures released by the Minister in the Prime Minister's Department in December 2018, based on Subsection 5 of Section 17A.
However, it would not be effective if steps are not taken by the board of directors and senior management to disseminate information on ethical business conduct and disclose deviations from the company principles.
Hence, a well-established internal whistleblowing policy is required to enable organisations to adopt ethical business conduct, review internal processes and controls, and maintain a clear monitoring mechanism.
However, a challenging question often faced by corporate leaders is whether they would hire a whistle-blower or view him as an employee who had displayed disloyalty to his previous employer.
The argument stems from the mindset that whistleblowers put an organisation's reputation at risk if public disclosures were to be made without due consideration for the impact on the organisation.
However, findings show that whistleblowing had been proven effective to combat corporate fraud and to...
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