ID :
45917
Mon, 02/16/2009 - 19:49
Auther :

EPF INTRODUCES ANTI-FRAUD AND WHISTLEBLOWING POLICIES

KUALA LUMPUR, Feb 16 (Bernama) -- The Employees Provident Fund (EPF) has introduced new anti-fraud and whistleblowing policies to further enhance the prevention and detection of wrongdoings.

Its chairman, Samsudin Osman said in a statement Monday that the
introduction of the anti-fraud policy, would take the EPF to a higher level of
transparency and corporate responsibility.

"This move also exemplifies the EPF's zero-tolerance towards any attempt of
fraud," he said.

The EPF's new whistleblowing policy is to help protect any person who wishes
to report fraud and wrongdoings.

Under the policy, a report can be made against anyone connected with the
EPF, including members of the board or the investment panel, if fraud or any
wrongdoing is suspected.

"The anti-fraud and whistleblowing policies empower the staff and EPF
management to better uncover instances of fraud and deal with potential
wrongdoings in our operations," Samsudin added.
-- BERNAMA


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