Engaging in bribery and corrupt practices is a criminal offence in Malaysia under the MACC Act. Any participation in bribery and corrupt practices, if found guilty, may be subject to imprisonment up to 20 years and/or a fine of not less than ten times the sum or value of the relevant gratification or RM1,000,000 whichever is higher.
Under Section 17A of the MACC Act, the Bank is held liable for the penalty of any act committed by its employee, director, controller or agent which is against the provision of the MACC Act. Enforcement actions can be taken against the Bank including its directors and employees for any non-compliance in accordance with Section 17A of the MACC Act, pursuant to which this Policy is issued.
A person acting on behalf of the Bank, which includes directors, controllers, partners, owners or any persons involved in the management of the Bank, will be deemed liable for failure to act on bribery and corrupt practices unless the officer is able to sufficiently provide that he or she is not involved in the offence and that he or she did not provide the consent for commission of the offence.
Failure to comply with this Policy may result in disciplinary action which may result in termination of employment or dismissal. For business associates, failure to comply with this Policy may result in termination of business with the Bank.
You're leaving AmBank Group
Please note that AmBank Group's privacy policy does not apply to linked websites. We do not
endorse their content and cannot be held responsible for any losses incurred from accessing
or transacting on them.