By Afix Redzuan
SHAH ALAM, Jan 11 — The Menteri Besar Selangor Incorporated (MBI) has launched the MBI Integrity and Governance (MBI IG) system to strengthen its internal control system as well as to improve governance and ethical work practices among its employees and subsidiaries.
Its chief executive officer Norita Mohd Sidek said the system would provide a clear picture to MBI’s strategic partners and stakeholders on its work ethic and culture of corporate governance.
“It is my hope that as a part of the large MBI family and its other subsidiaries could come together to commit and shoulder the responsibility for the implementation of MBI IG.
“Any pledges on the implementation of this integrity and governance is a show of our declaration on strengthening corporate governance that is transparent and of high integrity,” she said during the MBI IG virtual launch ceremony today.
The event was officiated by Selangor Menteri Besar Dato’ Seri Amirudin Shari.
Norita said that the system contains important documents such as informant policy, conflict of interest policy, integrity pact, acceptance and gift-giving policy, code of ethics and conduct as well as anti-corruption policy.
Norita said the corporate body had previously set up the MBI Integrity and Governance Department, which allows the department to report directly to the independent committee at the board of director level, namely the Audit, Risk Management and Integrity Committee (Jari) in the event of an offence involving governance.