"Scandals make news. Coverage news make you popular without spending so much money and scandal-making business can be quite arduous."...by Azman J. Singh.
The Dangers of Corruption and the Importance of Transparency and Accountability
One of the most important lessons of the 1MDB scandal is the danger of corruption and the importance of transparency and accountability in government and business. The misappropriation of billions of dollars from a state-owned development company had significant consequences for Malaysia, including damage to the country’s reputation and economy. It also had global implications, as the misappropriated funds were traced to accounts in countries around the world.
The 1MDB scandal serves as a cautionary tale about the need for strong oversight and checks and balances to prevent corruption and ensure that public funds are used for their intended purposes. It also highlights the importance of an independent and effective legal system to hold those who engage in corruption accountable and deter others from engaging in similar activities.
Malaysia’s Efforts to Address Corruption
In the aftermath of the 1MDB scandal, Malaysia has taken steps to address corruption and improve transparency and accountability in government and business. These measures include the establishment of a National Anti-Corruption Plan, the establishment of a Malaysian Anti-Corruption Commission (MACC), and the implementation of a Financial Action Task Force (FATF) action plan to address money laundering and terrorist financing.
Ongoing Challenges in the Fight Against Corruption
However, challenges remain in the fight against corruption in Malaysia. The MACC has faced criticism for its lack of independence and effectiveness, and there have been concerns about the politicization of the agency. In addition, the 1MDB scandal has revealed the global nature of corruption, with the misappropriated funds traced to accounts in countries around the world, highlighting the need for international cooperation in the fight against corruption.
How to write a speech that your audience remembers
Whether in a work meeting or at an investor panel, you might give a speech at some point. And no matter how excited you are about the opportunity, the experience can be nerve-wracking.
But feeling butterflies doesn’t mean you can’t give a great speech. With the proper preparation and a clear outline, apprehensive public speakers and natural wordsmiths alike can write and present a compelling message. Here’s how to write a good speech you’ll be proud to deliver...
The true meaning of sincerity - the absence of pretence, deceit, or hypocrisy.
Honesty - the quality of being honest - referring to or using a way of charging for goods or services that relies on the customers to leave money in an unattended receptacle even though there is no one to collect their payments.
The Future Of AI: 5 Things To Expect In The Next 10 Years - (1) AI and ML will transform the scientific method,
(2) AI will become a pillar of foreign policy,
(3) AI will enable next-gen consumer experiences,
(4) Addressing the climate crisis will require AI, and
(5) AI will enable truly personalized medicine...Read more.