KUALA LUMPUR, June 9 ― The Malaysian Anti-Corruption Commission (MACC) advisory board advised the government today against appointing politicians to head government-linked companies (GLCs), amid the crisis in Felda Global Ventures (FGV).
The board reasoned that most politicians bring their political habits along to the business they are handling, which it said results in unscrupulous practices when they run the business.
“The Advisory Board wishes to express in the strongest possible terms its concern about the government’s long-held practice of appointing party politicians as chairmen of GLCs.
“In every instance, they have fallen well below the ethical standards we have come to expect from those in positions of trust,” chairman Tunku Abdul Aziz Tunku Ibrahim said in a statement today. Read more