Date & Time:
28 September 2020, Monday | 9.00am - 5.00pm
Venue: Join us from your home / office and be trained in our Virtual Classroom
Section 17A introduces a new statutory corporate liability offence of corruption by a commercial organisation under Malaysian law. The section deems any director, controller, officer, partner or who is concerned in the management of the affairs of a commercial organisation to be personally liable for the same offence if the commercial organisation is found liable.
Scope of Liability Section 17A(1) states that a commercial organisation commits an offence if a person associated with it corruptly gives, offers or promises any gratification to any person with an intent to obtain or retain business or a business advantage for the said commercial organisation.
The burden of proof then lies on the commercial organization to prove to the Court that adequate procedures were communicated, implemented and enforced effectively within the commercial organization to prevent associated person(s) from committing an act of corruption.
Upon conviction under Section 17A of the MACC Act 2009, a commercial organization may be liable to a fine of not less than ten (10) times the value of the gratification in question or RM1,000,000.00, whichever is higher, or to imprisonment for a term not exceeding twenty (20) years, or to both.
At the end of this training session, participants will be able to:
- Enhance and achieve an understanding of S17A of the MACC Act.
- Initiate mitigating strategies in controlling Bribery
- Manage the implementation of an effective snit-bribery system.
- Strengthening the organizational core value.
- Take continuous strategic role in addressing all identified weaknesses.
Executives and Board Members Directors, CEO, COO, CFO, Company Secretaries, All other Financial Professionals / Personnel, Internal Audit Professionals and Senior Managers, Managers and HODs
Remote learning – virtual classroom
- Good Internet / wifi connectivity
- Laptop / smartphone
- Headset with mic
Santhanasamy Subbiah has more than 30 years of experience in corporate world on accounting and finance practices. His experiences in various industries include that of Banking, Manufacturing, Education, Insurance, Security, Plantation, Shipping, Shared Services and Freight Forwarding. He was also with the Ministry of Works engaged in special projects funded by the World Bank.
Besides being in the corporate world he has lectured MBA programmes for the following Universities:- Open University Malaysia, University of New Castle Australia, Herriot Watt University UK, Asia Pacific International University and was a Dean for the School of Accounting and Finance with a local University.
As a self-starter with his vast experience in numerous industries he is today a trainer and a principal consultant on GST for numerous of companies. He is no novice to GST. He has worked closely with Price WaterHouse Coopers on matters pertaining to GST since 2005 and contributed valuable inputs during the meeting with Ministry of Finance on matters pertaining to the implementation of GST in Malaysia.
His specializes on the Understanding, Implementation and Hands-On training programs on Goods and Services Tax for numerous industries such as manufacturing, oil and gas, construction, logistic, retail, airlines, IPTA and many others. He is a GST trainer of Malaysian Institute of Accountants, Malaysian Institute of Insurance and Malaysia Institute of Corporate Governance.
Santhanasamy holds an MBA majoring in Finance from University Putra Malaysia. He is a member of the Chartered Accountant of Malaysia, Chartered Management Accountant of UK, and an Associate Member of the Malaysian Institute of Management. He is a Certified Trainer of HRDF. He is a certified GST Tax Agent of Ministry of Finance
Early Bird Fee: RM 848 per person for 2 day
Normal fee: RM 1,007 per person for 2 days
– SBL claimable (Inclusive of lunch, tea breaks, notes, certificate of attendance and 6% SST)
*Group discount of 10% available (for 3 or more participants from the same company)
# Fee inclusive of Course Notes and Digital Certificate of Participation