Over 500 companies in Malaysia are under scrutiny for allegedly forming a cartel to manipulate government project tenders. The companies are suspected of conspiring and submitting tenders collectively, using similar templates, and determining the winner beforehand.
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Marrying 4 Wives!
The Malaysian Competition Commission (MyCC) CEO, Iskandar Ismail, revealed that some company owners marry multiple wives to create an empire, assigning different companies to family members. This tactic affects fair competition and undermines the goal of awarding tenders based on quality services and competitive prices. The MyCC is investigating these practices to ensure a level playing field for all qualified parties.
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