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GLC and GLIC CEOs must declare assets to MACC for accountability
GLC and GLIC CEOs must declare assets to MACC for accountability

The Sun

timea day ago

  • Business
  • The Sun

GLC and GLIC CEOs must declare assets to MACC for accountability

PUTRAJAYA: The requirement for chief executive officers of government-linked companies and government-linked investment companies to declare their assets to the Malaysian Anti-Corruption Commission marks a crucial step in boosting accountability. MACC Chief Commissioner Tan Sri Azam Baki stated that this measure ensures organisational leaders remain transparent about their wealth, allowing public scrutiny to prevent misuse of power. 'When all these CEOs declare their assets to the MACC, they will be more cautious in their actions because any attempt to use their position to accumulate wealth will be easily identified,' he said. Azam made these remarks after receiving 13 Property Declaration Forms from CEOs and heads of operating companies under Boustead Holdings Bhd Group. The submission was led by BHB executive vice-president Rosman Johar Abdullah, who emphasised the importance of compliance with the government's directive. Rosman added, 'This government action needs to be supported by all parties to ensure that corruption is not only eradicated but also prevented from the outset before it occurs.' The initiative aligns with broader efforts to strengthen governance and integrity within public and corporate sectors. – Bernama

Assets declaration: Initial step to increase accountability of GLC, GLIC CEOs — Azam Baki
Assets declaration: Initial step to increase accountability of GLC, GLIC CEOs — Azam Baki

Malaysian Reserve

timea day ago

  • Business
  • Malaysian Reserve

Assets declaration: Initial step to increase accountability of GLC, GLIC CEOs — Azam Baki

PUTRAJAYA — The move to require chief executive officers (CEOs) of government-linked companies (GLCs) and government-linked investment companies (GLICs) to declare their assets to the Malaysian Anti-Corruption Commission (MACC) is an initial step towards increasing their respective accountability. MACC Chief Commissioner Tan Sri Azam Baki (picture) said the declaration sends a clear signal that organisational heads must be accountable for their assets and property, thus allowing the public to assess that every organisational head will not arbitrarily accumulate wealth through their positions. 'When all these CEOs declare their assets to the MACC, they will be more cautious in their actions because any attempt to use their position to accumulate wealth will be easily identified,' he said. Azam said this in a statement issued today after he received 13 Property Declaration Forms from the CEOs and the heads of operating companies under Boustead Holdings Bhd (BHB) Group, at his office here. The submission of the forms was presented by BHB executive vice-president (VP) and head of Integrity and Governance Department Rosman Johar Abdullah. Also present was BHB assistant VP of Integrity and Governance Department Wan Azlee Wan Mohd Ghazali. In the same statement, Rosman said the move was implemented in compliance with the government's directive for all GLC and GLIC CEOs to declare their assets to MACC as a commitment to cultivate good governance. 'This government action needs to be supported by all parties to ensure that corruption is not only eradicated but also prevented from the outset before it occurs,' he also said. — BERNAMA

Assets declaration: Initial step to increase accountability of GLC, GLIC CEOs, says Azam Baki
Assets declaration: Initial step to increase accountability of GLC, GLIC CEOs, says Azam Baki

The Star

timea day ago

  • Business
  • The Star

Assets declaration: Initial step to increase accountability of GLC, GLIC CEOs, says Azam Baki

PUTRAJAYA: The move to require chief executive officers (CEOs) of government-linked companies (GLCs) and government-linked investment companies (GLICs) to declare their assets to the Malaysian Anti-Corruption Commission (MACC) is an initial step towards increasing their respective accountability. MACC Chief Commissioner Tan Sri Azam Baki said the declaration sends a clear signal that organisational heads must be accountable for their assets and property, thus allowing the public to assess that every organisational head would not arbitrarily accumulate wealth through their positions. "When all these CEOs declare their assets to the MACC, they will be more cautious in their actions because any attempt to use their position to accumulate wealth will be easily identified," he said. Azam said this in a statement issued on Monday (July 21) after he received 13 Property Declaration Forms from the CEOs and the heads of operating companies under Boustead Holdings Bhd (BHB) Group, at his office here. The submission of the forms was presented by BHB executive vice-president (VP) and head of Integrity and Governance Department Rosman Johar Abdullah. Also present was BHB assistant VP of Integrity and Governance Department Wan Azlee Wan Mohd Ghazali. In the same statement, Rosman said the move was implemented in compliance with the government's directive for all GLC and GLIC CEOs to declare their assets to MACC as a commitment to cultivate good governance. "This government action needs to be supported by all parties to ensure that corruption is not only eradicated but also prevented from the outset before it occurs," he also said. – Bernama

ICT excise dept modernises vehicle services with digital tools
ICT excise dept modernises vehicle services with digital tools

Express Tribune

time2 days ago

  • Automotive
  • Express Tribune

ICT excise dept modernises vehicle services with digital tools

The Islamabad Excise and Taxation Department is introducing new reforms aimed at simplifying vehicle registration, ownership transfer, and tax payment processes. These measures include personalised number plates, digital vehicle registration cards, and an upgraded mobile app for online tax payments — all designed to make procedures more efficient and accessible. In an exclusive interview with APP on Sunday, Director Excise and Taxation Department Islamabad, Bilal Azam, said the department is focusing on improving vehicle-related services, including registration, ownership transfers, token tax payments, and post-registration tasks. Azam stated that the goal is to facilitate citizens as much as possible, whether at their doorstep or via online platforms. Through digital services like the Islamabad Citizen App, people can conveniently pay their token tax from home, reducing the need to visit offices. He added that the digital shift has enhanced both tax recovery and service delivery. Regarding the personalised number plate system, Azam said the department is preparing to launch a new system, the first of its kind in Pakistan. Under the system, registration numbers will be linked to the vehicle owner rather than the vehicle. When a car is sold, the number plate will be returned to the previous owner, and the new buyer will receive a fresh plate linked to their identity. He explained that this step will ensure that no vehicle remains unregistered after a sale. Once biometric verification is completed for the transfer, the previous plate becomes vacant and is reassigned to the seller, while the buyer is issued a new personalised number. The initiative is expected to aid law enforcement in vehicle tracking, ownership tracing, data access, and e-challan enforcement. Azam also stated that vehicle registration cards, currently issued as physical smart cards, will soon be digitised. The digital version will be accessible via the user's Pak-ID account, similar to digital national identity cards issued by NADRA. When a vehicle is sold, the seller will submit an online application through the app. The department is working to enable biometric verification via mobile devices, eliminating the need for in-person visits. Once the transfer is processed, the buyer's digital registration card will automatically appear in their Pak-ID profile. Azam urged citizens to pay their token taxes within July to benefit from government rebates. He noted that many vehicles from the 1980s and 1990s lacked tax records or transactions for decades. Despite public notices and advertisements, non-responding owners had their registrations cancelled. For vehicles with no transactions since the 1990s or 2000s, a new policy has been developed to identify and manage such cases. If token tax has not been paid for two to three years, a 50% penalty is imposed; for longer periods, a 100% penalty is charged. These penalties aim to encourage timely payments. Additionally, a 10% rebate is being offered for token tax payments made in July to further incentivise compliance. Azam highlighted that the department had earlier launched the 'City Islamabad' app, simplifying services including token tax payments. The app, available on Android and iPhone, allows users to register, enter their vehicle number, and generate a PSID (Payment Slip ID). The system automatically calculates the applicable fees and differentiates between filer and non-filer citizens. Payments can be made through any online banking system linked to the PSID. He emphasised the importance of digital platforms, especially given that approximately 1.42 million vehicles are registered with the department. Handling such volumes manually would be inefficient and would result in congestion at excise offices. Digitisation has significantly eased this burden by enabling remote transactions. Another major reform is the shift from material smart cards to fully digital vehicle cards, expected to launch soon. These will be integrated with NADRA's Pak-ID, allowing vehicle owners to download their registration cards directly. Furthermore, the department is working to implement mobile-based biometric verification for ownership transfers, enabling sellers and buyers to complete transactions entirely from mobile devices. Azam advised citizens to regularly pay their token taxes and avoid delays, as the department is now actively identifying inactive vehicles and imposing penalties. The cancellation of registrations for long-inactive vehicles is part of a wider effort to maintain accurate records and ensure accountability. The department's reforms aim to ensure that every vehicle in the capital is registered, taxed, and documented. This is expected to enhance government tax collection and support security agencies in tracing vehicles when needed. Concluding the interview, Azam said that personalised number plates, digital vehicle cards, and online tax payment systems are set to transform vehicle-related services in the capital. Citizens can expect faster, more transparent, and convenient services, reducing reliance on outdated manual procedures.

Teoh Beng Hock's family rejects MACC apology, says no justice without action on five officers
Teoh Beng Hock's family rejects MACC apology, says no justice without action on five officers

Daily Express

time6 days ago

  • Politics
  • Daily Express

Teoh Beng Hock's family rejects MACC apology, says no justice without action on five officers

Published on: Thursday, July 17, 2025 Published on: Thu, Jul 17, 2025 By: Malay Mail Text Size: Teoh Lee Lan, 45, sister of the late Teoh Beng Hock, said the apology lacked sincerity as no MACC officer had been held accountable. — Picture by Sayuti Zainudin Kuala Lumpur: The family of the late Teoh Beng Hock has reportedly rejected an apology from Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki over Beng Hock's death 16 years ago. According to The Star, Teoh's younger sister, Teoh Lee Lan, 45, said the apology lacked sincerity as no MACC officer had been held accountable for her brother's death. Advertisement 'They said they are apologising because they see our pain, but they are not surrendering the five officers we believe were involved,' she was quoted as saying at a press conference here last night. 'Their offer of a financial contribution is also shameful — we do not want money, we want the truth,' she reportedly added. According to the report, Lee Lan further criticised Azam's remarks, saying they implied that a human life could be compensated with money. Yesterday, Azam apologised to the family of Teoh Beng Hock, who died in 2009 at the building housing the commission's Selangor office. He said the MACC acknowledged the findings of past investigations, including a recent police probe that resulted in no further action, and expressed sympathy for the family's long-standing pain. Azam also said the MACC was prepared to offer a goodwill contribution for the welfare and education of Teoh's child. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

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