Lapasar
Compliance & Governance

Anti-Bribery & Corruption (ABC)

Also known as: ABC, Anti-corruption

Anti-bribery and corruption (ABC) refers to the policies and controls that prevent improper payments and undue influence in business dealings, including procurement.

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Procurement is a high-risk area for corruption because it involves selecting suppliers and awarding contracts. ABC controls include clear policies, gift and hospitality rules, conflict-of-interest declarations, transparent competitive processes and audit trails — all designed to ensure decisions are made on merit, not inducement.

In Malaysia, corporate liability provisions place a strong onus on organisations to have adequate procedures to prevent corruption. Transparent, well-documented procurement — competitive sourcing with a clear audit trail — is central to demonstrating those procedures.

Frequently asked questions

What is anti-bribery and corruption in procurement?
ABC covers the policies and controls that prevent improper payments and undue influence in buying decisions — gift rules, conflict-of-interest declarations, transparent sourcing and audit trails.
Why is procurement a corruption risk?
Because it involves choosing suppliers and awarding contracts, procurement is exposed to bribery and favouritism. Transparent, documented processes reduce that risk.

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Operating model · diagram

  1. 01

    AI-first software

    AI-first procurement software for long-tail spend

  2. 02

    Live marketplace

    A live B2B marketplace

  3. 03

    Human services

    Human sourcing and support

  4. 04

    Optional add-on

    Fulfilment support for merchants