KUAL LUMPUR: National Accountability Bureau of Pakistan and Malaysian Anti-Corruption Commission have signed a Memorandum of Understanding to strengthen the collaboration in preventing and combating corruption.
The MoU was signed and exchanged by deputy chairman NAB Sohail Nasir and Chief Commissioner of Malaysia’s Anti-Corruption Commission Azam Bin Baki in Putrajaya, Kual Lumpur, Malaysia.
The ceremony was witnessed by the Pakistan’s prime minister Shehbaz Sharif and the Malaysian PM Anwar Ibrahim.
The MoU aims at mutual assistance, joint capacity building and technical cooperation in foiling and fighting the corruption. This collaboration between the anti-corruption bodies of both countries will be beneficial as it will enhance the technical assistance in operational activities.
The MoU will further facilitate the exchange of information on legislative developments and community education to enhance public awareness on anti-corruption.
This intends to strengthen public participation in preventing and combating corruption.
The human resource capacity will be improvised through professional training courses, exchange of expertise and experiences.
Given the global concerns about corruption, money laundering, cross-border financial crimes, this MoU will facilitate joint efforts in tackling illicit financial flows, strengthening legal frameworks and aligning with international conventions.