Malaysia: Corruption

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The main way the money flows out of the countries is misinvoicing in trade transactions, which can allow exporters and imports to keep money out of the country.

Malay Mail Online

Malaysia among top 10 developing nations losing RM3.5t a year in dirty money, report shows

Published: December 16, 2014 08:56 AM

WASHINGTON, Dec 16 — A global anti-corruption group said yesterday that nearly US$1 trillion (RM3.496 trillion) was illicitly drained from developing countries in 2012, representing a record level of corruption, money laundering and false trade documentation.

The Washington-based group Global Financial Integrity said illicit financial flows around the world grew at 9.4 per cent a year in the decade to 2012, around double the pace of economic growth, draining funds especially from impoverished countries.

The largest outflows came from giant, still poorly-regulated economies like Brazil, China, India and Russia, GFI’s new report says.

Money illicitly streamed out of China at a rate of about US$125 billion annually over that period, for instance.

But also in the top 10 country sources of illegal capital outflows are a number of dynamic middle-sized economies: Malaysia, Mexico, Saudi Arabia and Thailand.

Mexico is third on the list of largest outflows at an average US$54 billion a year.

The top 10 developing countries for illicit capital outflows in 2012:

China: US$249.57 billion

Russia: US$122.86 billion

India: US$94.76 billion

Mexico: US$59.66 billion

Malaysia: US$48.93 billion 

Saudi Arabia: US$46.53 billion

Thailand: US$35.56 billion

Brazil: US$33.93 billion

South Africa: US$29.13 billion

Costa Rica: US$21.55 billion. — AFP

http://www.themalaymailonline.com/money/article/study-in-2012-countries-lost-us1t-to-corruption

In the 2012 Corruption Perceptions Index, Malaysia ranked joint 54 with the Czech Republic, Latvia and Turkey.

This year, 2013, Malaysia has inched up ONE rank, to 53, the same as Turkey.

NST

4 December 2013| last updated at 12:01AM

Malaysia inches up one spot in graft index

Malaysia inches up one spot in graft index

Malaysiakini

Malaysia’s one-spot jump in corruption index ‘not enough’

Malaysia’s Corruption Perception Index (CPI) score this year has improved by one step from the previous year but there are still many matters to be concerned about, stated Transparency International-Malaysia (TI-M).

Malaysia had scored 50/100 compared to last year’s 49/100 in the CPI, and the country ranked 53 out of 177 countries compared to last year’s 54 out of 177 countries.

Malaysia is currently ranked third among the 10 countries in the Association of South-East Asian Nations (Asean), with Singapore and Brunei ranking first and second.

Singapore is ranked fifth out of 177 countries, alongside Norway with a CPI score of 86. Norway is currently holding the highest GDP per capita of US$99,558, but did not obtain the top spot.

Denmark and New Zealand top the chart with a CPI score of 91.

Malaysia’s one-spot jump in corruption index ‘not enough’

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An old English proverb says, “Birds of a feather, flock together.” It means that people of the same kind, in this case, the CORRUPT KIND, tend to form a group.

Transparency International Malaysia identified the Police and politicians as birds of a feather. Who are the other birds of the CORRUPT flock!

The FT Minister includes DBKL in that flock!

What is the mayor’s response?

Malaysian Insider

Police not the only ones corrupt, DBKL just as bad, says FT minister

July 10, 2013

It is unfair to continue to single out the police as the enforcement group most involved in corruption, says  Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.

“It can be the Kuala Lumpur City Hall officers or it can be enforcement officers of (other) local authorities. This is because there are many different types of enforcement divisions.” he said.

“Corruption can only be curbed if the person giving the bribe stops their part of the deal,” Tengku Adnan told reporters at the Parliament lobby today.

He was commenting on the effectiveness of the Global Corruption Barometer Transparency International 2013 by Transparency International Malaysia (TI-M) yesterday.

According to the survey, of the 1,000 people interviewed between September last year and March, only 31 per cent believed in the government to curb corruption, as compared with 49 per cent in 2011. – Bernama, July 10, 2013.

http://www.themalaysianinsider.com/malaysia/article/police-not-the-only-ones-corrupt-dbkl-just-as-bad-says-ft-minister/

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Latest, 9 July 2013

Malaysian Insider

The police are ranked No 1, followed by politicians, for corruption in the perception of Malaysians.

For more, click on Malaysians see cops, politicians as most corrupt

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TRANSPARENCY INTERNATIONAL

Transparency International (TI) is a non-governmental organization that monitors and publicizes corporate and political corruption in international development. It publishes an annual Corruption Perceptions Index, a comparative listing of corruption worldwide. The headquarters is located in Berlin, Germany.

The organization defines corruption as the abuse of entrusted power for private gain which eventually hurts everyone who depends on the integrity of people in a position of authority.

Transparency International – Wikipedia, the free encyclopedia

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The Corruption Perceptions Index

First launched in 1995, the Corruption Perceptions Index has been widely credited with putting the issue of corruption on the international policy agenda.

31 May

1) Corruption. Transparency International ranks Malaysia behind countries like Rwanda and Israel.

Corruption Perceptions Index 2012 from Transparency International

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The 2012 corruption perceptions index measures the perceived levels of public sector corruption in 176 countries and territories around the world – See more at: http://cpi.transparency.org/cpi2012/#sthash.sFdGxblQ.dpuf

Corruption Perceptions Index 2012

Full table and rankings

The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 – 100, where 0 means that a country is perceived as highly corrupt and 100 means it is perceived as very clean. A country’s rank indicates its position relative to the other countries and territories included in the index. This year’s index includes 176 countries and territories.

Selected countries

1
Denmark
90
7
87
93
1
Finland
90
7
85
95
1
New Zealand
90
7
87
94
5
Singapore
87
9
83
90
6
Switzerland
86
6
81
90
7
Australia
85
8
83
86
7
Norway
85
7
82
87
9
Canada
84
7
80
87
9
Netherlands
84
7
81
88
17
Japan
74
9
70
78
17
United Kingdom
74
8
72
77
19
United States
73
9
66
79
20
Chile
72
9
69
76
20
Uruguay
72
6
70
75
54
Czech Republic
49
10
44
53
54
Latvia
49
6
42
55
54
Malaysia
49
9
44
55
54
Turkey
49
9
45
52

For more, click on

2012 Corruption Perceptions Index – Transparency International

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