CFTC TO LAUNCH THE FRAUD AND CORRUPTION PREVENTION POLICY
The Competition and Fair Trading Commission is a public agency charged with the responsibility to promote competition and fair trading in Malawi through the enforcement of the Competition and Fair Trading Act and the Consumer Protection Act. In its effort to fight fraud and corruption in the country, the Government of Malawi put a requirement that every public institution should establish an Institutional Integrity Committee (IIC) responsible for spearheading the fight against fraud and corruptionby staff, clients and stakeholders when transacting any business. The Commission’s IIC, in collaboration with the Anticorruption Bureau (ACB), has so far facilitated awareness meetings and trainings for the committee members and staff; and has also developed the Fraud and Corruption Prevention Policy.
The Commission has scheduled to launch and publicize its Fraud and Corruption Prevention Policy during a special event that will take place on Friday, 17th November, 2017 at Sunbird Capital Hotel in Lilongwe from 6pm to 9pm. The Guest of Honour during the event will be the Minister of Industry, Trade and Tourism Honourable Henry Mussa, MP. The Commission therefore anticipates the attendance of Government Ministries, departments and agencies, the private sector, international institutions and members of the general public to witness the launch of this Policy.
The Commission considers the development of this Fraud and Corruption Prevention Policy as a milestone achievement as it demonstrates its commitment towards complementing Government efforts in preventing and dealing with issues of corruption in the country. The Commission will continue working in close collaboration with the ACB and other stakeholders to ensure that the Policy is successfully implemented. It is the hope of the Commission that, upon its launch, all its staff, traders, consumers, institutions and members of the general public will take necessary steps, as stated in the Policy, to prevent and deal with matters of corruption whenever they arise.
Charlotte Wezi Malonda
EXECUTIVE DIRECTOR
