The CIMB Group chief, Datuk Seri Nazir Razak and younger brother to the Prime Minister hit the nail on the head when he told Financial Times that Malaysia must overcome corruption if it is to move up from being a middle-income economy.
In fact, Nazir could be faulted for erring on the side of caution and holding his punches for Malaysia, under Datuk Seri Najib Razak’s premiership for 39 months, is not only more corrupt than under the two previous Prime Ministers Tun Dr. Mahathir and Tun Abdullah Ahmad Badawi, but is heading towards the dubious honour of being the only Asian-Pacific country to slip in both Transparency International (TI) Corruption Perception Index(CPI) ranking and score since the introduction of the annual assessment 17 years ago in 1995.
In the first TI CPI in 1995, Malaysia was ranked No. 23 out of 41 countries or the 6th highest-ranked nation in the Asia-Pacific after New Zealand -1, Singapore – 3, Australia – 7, Hong Kong – 17 and Japan – 20, with a CPI score of 5.28. (10 stands for “highly clean” and 0 for “highly corrupt”)
Seventeen years later, after numerous anti-corruption campaigns, two major anti-corruption legislation, the “elevation” of the former Anti-Corruption Agency (ACA) into Malaysian Anti-Corruption Commission (MACC), the National Integrity Plan, the 1Malaysia Government Transformation Programme with massive infusion of public funds and increase of staffing, Malaysia has now fallen to the lowest TI CPI ranking in 17 years in 2011, viz: No. 60 with the lowest CPI score of 4.3. Continue reading “Under Najib, Malaysia is not only more corrupt than under the two previous Prime Ministers but is heading towards the dubious honour of being the only Asian-Pacific country to slip in both TI CPI ranking and score since 1995”