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  • 5 months ago
Robust governance and strong accountability are essential to addressing long-standing issues such as financial leakages, mismanagement, and corruption, says Datuk Seri Anwar Ibrahim.

The Prime Minister said the values of good governance and accountability must be promoted at all levels, especially among internal auditors, and that such values should not be seen as a burden.

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Transcript
00:00We talk about pandemics or economic uncertainty or technological disruption, but not understanding
00:08whether the government is stable or rich, the issue of accountability, the role of accountants
00:18and internal auditors is paramount.
00:20We have seen in the past notable prominent audit or companies or rating agencies under scrutiny
00:31because the lack of integrity, the complicity with the excesses, purely because of greed.
00:43And as we have experienced in many of the financial scandals in the past, including the infamous
00:501MDB, it could not have happened without the complicity of auditors, internal auditors
00:57and international financial institutions.
00:59We must take this as a challenge and save our society and nations from these transgressions.
01:12So, we have therefore to understand what systems oversight is all about.
01:20The need to act, prevail with transparency, accountability and trust, because these are the foundations
01:33that allow institutions to endure, particularly when tested.
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