Integrity

INTRODUCTION

 

IWK is committed to uphold integrity values in all of its business activities, Hence, the Integrity Unit (IU) of IWK was established in 2014 after the signing of the Corporate Integrity Pledge by the Company in 2012. Establishment of IU in IWK was also in accordance to the Service Circular No. 6/2013 by the Government of Malaysia. IU reports directly to the Board of Integrity Committee (BIC) of IWK. On 26th June 2020, IU was renamed to the Integrity & Governance Unit (IGU), and BIC was renamed to Board Integrity and Governance Committee (BIGC) in accordance to GUIDELINE FOR THE MANAGEMENT OF INTEGRITY AND GOVERNANCE UNIT By THE MALAYSIAN ANTI-CORRUPTION COMMISSION (2019).

The main function of IGU is to deal with integrity matters in the organisation with the responsibility to carry out four (4) core functions based on Guideline for The Management of Integrity & Governance Unit from Malaysia Anti-Corruption Commissions (MACC).

1
Complaint Management - To receive and act upon all complaints/information of corruption crime and violations of code of conduct and ethics in the organisation.
2
Detection and Verification - To detect and verify complaints of corruption crime and violation of code of conduct and ethics of the organisation and to ensure appropriate action taken.
3
Integrity Enhancement - To ensure the process of culturing, institutionalising and implementation integrity in the organisation.
4
Governance - To ensure the practice of good governance.

IWK PROHIBITS BRIBERY IN THE COMPANY’S OPERATIONS

Bribery is never permitted at IWK. We will not seek to influence others, either directly or indirectly, by offering, paying or receiving bribes or kickbacks, or by any other means that is considered unethical, illegal or harmful to our reputation for honesty and integrity. Employees and representatives of IWK are expected to decline any opportunity which would place our ethical principles and reputation at risk.

We are committed to complying with laws on bribery, primarily the MACC Act 2009, which outlines four main offenses:

1. Soliciting/Receiving Gratification (Bribe) - Section 16 & 17(a) MACC Act 2009
2. Offering/Giving Gratification (Bribe) - Section 17(b) MACC Act 2009
3. Intending to Deceive (False Claim) - Section 18 MACC Act 2009
4. Using Office or Position for Gratification (Bribe) (Abuse of Power/Position) - Section 23 MACC Act 2009


We are also committed to complying with the laws and regulations regarding corporate liability under Section 17A of the MACC Act, which came into effect on 1 June 2020. We ensure our compliance by following the Guidelines on Adequate Procedures published by the Prime Minister’s Office of Malaysia under this Act. The Ministerial Guidelines outline five core principles known as the TRUST Principles.

T – top level commitment
R – risk assessment
U – undertake control measures
S – systematic review, monitoring and enforcement
T – training and communication

The principles have been implemented and are continuously administered, assessed, and communicated throughout the company to ensure that it is always prepared to address the challenges posed by its agents, consultants, joint venture partners, business associates, or trustees, who may expose the company to potential liability.

Indah Water Konsortium Sdn Bhd