IOI Corporation Berhad (IOI) has a long tradition and a strong reputation for doing business with the utmost integrity. We continue to uphold a corporate culture with zero tolerance to corruption and bribery through our core value of integrity, on top of our anti-corruption policies and procedures that are in place.

Our commitment to zero corruption is further strengthened by our anti-corruption framework based on the T.R.U.S.T (Top Level Commitment, Risk Assessment, Undertake Control Measures, Systematic Review, and Training & Communication) principles, issued by the Minister in the Prime Minister's Department pursuant to Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act 2009.

As part of our ongoing training and communication to create awareness and uphold a corruption-free culture, we partnered with MACC and initiated a “Prevention Against Corruption and Money-Laundering” forum on 4 December 2023 with around 400 participants, which included our Board of Directors, senior management team and employees from all business units and subsidiaries in Malaysia, who participated either remotely or physically.

IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor led by example with his top-down commitment as he emphasised: “We are dedicating ourselves towards creating a corporate culture that values accountability and adheres to the highest standards of ethical conduct.” Fundamentally, this will contribute to the greater well-being of the society.

The forum, which featured insightful talks by two distinguished speakers from MACC and a panel discussion, promoted greater understanding and exchange between the MACC and IOI on the latest developments, common offences and best practices against bribery and money laundering among our employees.

The event was packed with enlightening sharings by MACC Senior Assistant Commissioner who heads the Private Sector Branch, Community Education Division Tuan Mohd Hasraff Bin Hashim (left), IOI Corporate Legal Assistant General Manager Mr Jong Kai Loon (middle) and MACC Senior Assistant Commissioner who heads the Anti-Money Laundering Branch, Anti-Money Laundering Division Tuan Asrul Ridzuan Bin Ahmad Rustami (right). (File pic by IOI Corporation).

The insightful forum also increased the awareness among respective stakeholders in relation to corruption and money laundering. More importantly, it ensured that everyone in IOI understands our stance on bribery, and the need to maintain ethical business practices as well as abide by our integrity core value of doing the right things in all circumstances.