PUTRAJAYA (Feb 11): The United Nations (UN) applauded the Malaysian government and Prime Minister Tun Dr Mahathir Mohamad for the noble initiative in establishing the Perdana International Anti-Corruption Champion Foundation (PIACCF), said UN resident coordinator in Malaysia, Stefan Priesner. Launched by Dr Mahathir tonight, the PIACCF will be responsible for the International Anti-Corruption Champion Fund and complement the aspirations of the United Nations Convention against Corruption (UNCAC). Priesner emphasised that it was of utmost importance to safeguard the independence of anti-corruption agencies, be it in their investigative or enforcement work. Priesner said corruption posed significant threats to countries around the world as it weakened institutions, eroded trust and threatened the economy. Read also:PM launches anti-corruption foundation responsible for graft busters' fund​​​​​​​Kevin Morais, Novel Baswedan named recipients of Perdana International Anti-Corruption Champion award

Source: The Edge Markets February 11, 2020 17:10 UTC