COMMENT | Corruption bled Malaysia RM4.5t over 26 years

Rais HussinPublished: May 10, 2023 4:36 AM | Updated: May 10, 2023 9:19 AM

Estimating the actual cost of corruption to society is daunting due to its profound, ubiquitous and systematic impact on various realms of the socioeconomic life of a nation. Nonetheless, even conservative approximations can yield earth-shaking numbers.

As one way to estimate the monetary loss to corruption, EMIR Research used an approach similar to that in the study by Dreher, Kotsogiannis and McCorriston in 2007...

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