Say No To Political Fund-Raising From Logging

March 2, 2010 by admin  
Filed under News Bites

Transparency International-Malaysia (TI-M) recently urged the Malaysian government to reduce the strong links between state financing and forest management, according to Malaysiakini. TI-M president, Paul Low, was reported to have said this at a Forest Governance Integrity (FGI) workshop on 25 Feb 2010.

Low was reported to have said that this move would ensure that forest management is conducted in a sustainable and acceptable manner. According to Low, it is likely that abuses will occur and the forest exploited if political parties rely on timber resources for funding. At the workshop, Low reminded that corruption is “not just about bribery but the abuse of power entrusted by the people for financial and personal gain”, according to the news portal.

In response to politicians having stakes in logging businesses, Low was quoted as saying:

They have to make a choice of either being in the business of exploiting timber or in Parliament looking after the interest of the people.

He added that timber concessions should be open to public tender, with strict terms to be observed in the selection of companies.

When asked what was the biggest criticism regarding our forest management, Low was quoted as having said:

We do hear of abuses in East Malaysia of illegal logging and the exploitation of Orang Asli.

Low also expressed disappointment in the lack of citizens’ participation in forestry lawmaking, urging civil societies to be more proactive and be at the forefront of tackling graft.

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Corporate Fraud Investigation and Prevention

November 27, 2009 by admin  
Filed under Events

Occupational fraud poses a serious threat to organisations across Asia. Experts currently put the average cost of fraud at 7% of total company revenues.

Beacon’s “Corporate Fraud Investigation and Prevention 2010” summit, held from 6 – 18 March 2010 in Singapore, will provide you with an update on the latest methodologies and technologies for combating fraud, based on recent real life examples and case studies from international companies. Practical case studies of recent fraud cases like the Madoff scandal and the Satyam Computer fraud will be used to discuss best practices and approaches to fraud prevention.

Workshops, round tables and closed-door sessions will further stimulate intimate exchanges for an in-depth discussion of the most common types of fraud in Asia.

Conference highlights:

  • Learn from recent high profile fraud cases: An analysis of the Satyam Computer and Madoff Investment Securities fraud cases, featuring original data and documents
  • Join round table panel discussions to discuss the most common types of fraud in Asia
  • Discuss best practices for tracking and investigating fraud
  • Hear from experts on how to maximise the results of employee interviews
  • Receive an update on new technologies to fight electronic fraud and data theft
  • Understand how companies are affected by the legal implications of fraud

Plus

In-depth workshops on:

  • Key elements for a corporate fraud investigation
  • Data Management and digital forensics: mastering the new technologies

Website: www.CorporateFraudAsia.com
To register online, please click here
To download brochure, click here
Email: info@beaconevents.com
Phone: +852 2219 0111

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Anti-Corruption Conference: Constructive Step or Lip Service?

August 13, 2009 by admin  
Filed under Events

By Chironjit Das

The figures are shocking, but they help to put the facts into perspective:  The cost of the damage and financial losses due to global corruption far surpass the GDPs of smaller nations. Even ignoring the less tangible effects on societies, the problem leaves a gaping hole in the balance of economies of such nations. Read more

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