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Petronas signs corruption-free pledge

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KUALA LUMPUR — June 14, 2017: Petronas yesterday signed the Malaysian Anti-Corruption Commission’s (MACC) corruption-free pledge (CFP)  to strengthen the company’s resolve towards becoming a graft-free organisation.

A Petronas statement today said the signing was led by its president and group CEO Datuk Wan Zulkiflee Wan Ariffin and witnessed by chairman Tan Sri Sidek Hassan and MACC chief commissioner Datuk Dzulkifli Ahmad, signifying Petronas’ continuous commitment in upholding high standards of governance and in combating any form of corruption.

Sidek said it was essential for the organisation, entrusted to manage and add value to the country’s oil and gas resources, to practise the highest standards of integrity, ethics and corporate governance at all times.

“Integrity is one of the four shared values instilled in Petronas’ corporate culture and good governance is key to ensuring resilience and continuity of the company. This signifies the ‘Tone at the Top’. Not only it exemplifies leadership by example but also leaders who have zero tolerance towards bribery and corruption,” he said.

According to the statement, the signing was part of planned activities leading up to Petronas Integrity Week from November 5 to 9, in conjunction with the annual Malaysia National Integrity Day.

The statement said Petronas has been working closely with MACC since 2012 on various initiatives to combat corruption and misconduct as well as introduced policies including the no gift policy, whistleblowing policy and anti-bribery and corruption policy. — Bernama

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