The law pertaining to white collar crime in Malaysia: a study on its enforcement / Mohamad Amir Ardzhar Fahimuddin … [et al.]

The purpose of this study is to analyze the law pertaining to white collar crime in Malaysia with specific reference to Malaysian Anti-Corruption Commission Act 2009 (the Act) in dealing with the offences of white collar crime in the nation. The practices of white collar crime are remained rampant despite the efforts done by the Malaysian Anti-Corruption Commission (the Commission). Malaysia as a nation strives on the vision to create an environment that is harmonious, united, constantly developing and of the high integrity. Such nation breeds communities that uphold dignity and performs the duties and responsibilities with high disciplines and dedication. Since decades, these fundamental elements have lost its grip that had led to a concern that has caused economic losses running billions and destroying the very basis of humanity and integrity. The act of white collar crime has long been a concern and its consequences leads to the destruction of the mortar that grips our economics. White collar crime also had created major imbalances in the economic, political and social strata. The unearthing of greed and selfishness, disrespect and disregard for policies and procedures and the blinding of transparency, results in the nation with low integrity. On the other hand, corruption involves not only middle class society but also higher ranking person in the society. Therefore, this research seeks propose a viable solution where affected parties can be protected and the corrupt be brought to justice.