There has been more development since the Malaysian Anti-Corruption Commission (MACC) officers seized several documents and files related to Alcatel Lucent (ALU) in January.
TheStar today reported that both Axiata Group Bhd(Celcom) and Telekom Malaysia Bhd (TM) have barred Alcatel-Lucent from participating in tenders, contracts or joint ventures for a year following the call from Malaysian Anti-Corruption Commission (MACC).
In the news report, Axiata said the suspension runs for 12 months from Feb 18 while TM’s suspension was effective Jan 5.
It is a logical move for TM & Axiata to “punish” Alcatel-Lucent(ALU) in this case. However if the claims by ALU are true(bribes), then the MACC shouldn’t hesitate to take action against TM and Axiata too.
I strongly believe that the penalty shouldn’t just be imposed by TM & Axiata only, ALU should be blocked from doing business in this country for the next 1 year.
And since this corruption case did just happen in Malaysia(Costa Rica, Honduras, Taiwan too), all ALU’s existing clients(Astro, Packet One & Fibrerail) in Malaysia should be investigated as well to ensure that there’s no corruption in place.
Unless they(MACC) want to wait for the corruption to happen first?