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Malaysia Plans to Offer Whistleblower Awards as Part of New Anti-Corruption Strategy

Whistleblower Network News

On May 7, the Malaysian government launched its 2024-2028 National Anti-Corruption Strategy (NACS), a continuation of its 2019 National Anti-Corruption Plan (NACP) that ended in 2023. billion per year and, using figures from the World Bank, make the average cost of corruption around 3% of annual GDP.

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2019 Hague Convention: On UK Accession and the Convention’s Interplay with International Arbitration

Kluwer Arbitration

On 27 June 2024, the United Kingdom (“UK”) ratified the Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (“2019 Hague Convention” or “Convention”), with 1 July 2025 being the expected date of its entry into force in England and Wales.

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Corruption Under Scrutiny: The Ratione Materiae Objection in Panamericana Televisión v. Peru

Kluwer Arbitration

After acquiring an indirect majority control over the company, Mr. Schütz appeared in a video leak of bribery acts (known as the “Vladivideos” leak, one of the most infamous corruption scandals of Peruvian history). The Tribunal, quoting the World Duty Free v.

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Worley International Services v. Ecuador: The What, When and How in Corruption Allegations

Kluwer Arbitration

Brigitte Stern and Dr. Andrés Rigo Sureda (President) issued a final award (“Award”) in an investment treaty case PCA 2019-15 (“Dispute”), between Worley International Inc. In this post, we describe the factual background of the dispute and examine the jurisdictional and admissibility issues regarding allegations of corrupt and illegal acts.

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Can artificial intelligence bring corruption in public procurement to an end?

University of Bristol

It should then not be surprising that the possibility that artificial intelligence (AI) could ‘change the rules of the game’ (eg Santiso, 2019 ) and bring procurement corruption to an end is receiving significant attention.

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Why Malaysia needs a new public procurement law

Open Contracting Partnership

Throughout the pandemic, significant amounts of public funds were disbursed without seeking parliamentary approval, and the procurement process itself became tainted by multiple instances of corruption and cronyism. It would signify a major leap forward in Malaysia’s battle against corruption and mismanagement of public funds.

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European Court of Auditors publishes report on public procurement

Telles.eu

. (…) Also, as publication rates remain low, transparency, a key safeguard against the risk of fraud and corruption, is negatively affected. Its deadline was 18 April 2019. We also note that some of the objectives of the 2014 reform may at times go against the overarching objective of ensuring competition in public procurement.”