Features Article

Let’s protect whistleblowers

January 4, 2021

LETTERS: Fraud and corruption in the public and private sectors can be detected through red flags, such as employees living beyond their means or from tip-offs from whistleblowers.

According to the Global Report to the Nations on Occupational Fraud and Abuse 2020 by the Association of Certified Fraud Examiners, 43 per cent of schemes in 2020 were detected through tip-offs, mostly from employees who had undergone fraud awareness training.

RAYMON RAM

Support digitalisation to strengthen business integrity

December 24, 2020

LETTERS: The pandemic had accelerated digitalisation in 2020. The transformation predicted to take its course in the coming years was forced upon businesses within a couple of months. The concern for corporate Malaysia now is whether businesses can ride this wave through while maintaining competency, accountability, compliance and transparency?

RAYMON RAM

The “Adequate” In “Adequate Procedures” for Commercial Organisations

09 July 2020

When the Malaysian Anti-Corruption Commission (Amendment) Act 2018 was passed by Parliament in April 2018, all eyes were on the most notable amendment made which introduced the Corporate Liability Provision (Section 17A) in Malaysia

RAYMON RAM

Role of board of directors for fraud risk management

Friday, 08 June 2018

In order to ensure the awareness and discuss upon the ‘Role of board of directors towards Fraud Risk Management’, a session was organised by Forestpin Ltd. on 25 May at Shangri-La Hotel Colombo, focusing on board directors from major companies within Sri Lanka.

RAYMON RAM

Peel away the layers of graft

27 Dec 2019

LETTERS: AS it is the season to be jolly, I look back on the times when I was a child excitedly unwrapping gifts under the Christmas tree.

RAYMON RAM

Cyber Terror: Why we should act now

Wednesday, 27 Feb 2013

THE advent of an information age and resurgence of terrorism across the globe has world leaders reshuffling counter-terrorism efforts to match recent threats of “Cyber-terrorism”.

RAYMON RAM

Healthcare Fraud: Global “Pandemic” but Locally Unknown

June 29, 2015

According to the Association of Certified Fraud Examiners (ACFE) Report to the Nations, on Occupational Fraud and Abuse 2014, Healthcare is ranked fourth in the industry classification list of victim organizations

RAYMON RAM

Scams: Why do we fall for it?

16 Nov 2020

With the recent collapse of the 20% – ROI JJPTR scheme and the arrest of Johnson Lee, it would seem that the JJTPR episode is drawing to a close. However, the plot isn’t over by a long shot. Prior to Johnson’s arrest, media interviews with existing investors of the scheme seem keen to reinvest when Johnson stated the development of a new JJPTR plan, promising 35% ROI rates despite claims of losing RM500 million to hacking.

RAYMON RAM