Wednesday, December 12, 2012

What is Malaysia Rank in Corruption for 2012

From Wall Street Journal:

Transparency International said Malaysia scored worst in the 2012 Bribe Payers Survey. It asked about 3,000 executives from 30 countries whether they had lost a contract in the past year because competitors paid a bribe—and in Malaysia, 50% said yes.

Even Indonesia, with a long-standing reputation for corruption, fared better than more-developed Malaysia: Southeast Asia’s largest economy came in at 47%. By comparison, 27% of respondents in China said they thought bribes had cost them business.

“Foreign companies looking to supply to the government have to be aware that they’re likely to be asked for a bribe,” Mr. Low said.



Read more from this link:
http://blogs.wsj.com/searealtime/2012/12/11/malaysia-tops-bribery-table/


Well done, Malaysia! >,<