According to the Corrupt Practices Investigation Bureau (CPIB), it received 808 complaints in 2015, down from 877.
Of these, 118 cases or 14.6 per cent of the complaints lodged last year were registered for investigation, the lowest in 32 years, said the CPIB, a government agency which investigates and prosecutes corruption in the public and private sectors.
Private sector cases continued to make up the majority of corruption cases in Singapore at 85 per cent of all cases registered for investigation last year, it said, adding that it was a four percentage point down from 2015.
This was up from 11 per cent in 2015, but CPIB noted that due to the small numbers, the 4 percentage point increase "is not significant".
Meanwhile, the CPIB and Spring Singapore, another state agency, jointly launched a new anti-bribery ISO standard to help local firms in expanding overseas.
Spring and CPIB said that one way to help businesses enhance anti-bribery controls was to have an effective compliance programme such as the new Singapore Standard ISO 37001.
"The voluntary standard that is based on internationally recognised good practices provides guidelines to help Singapore companies strengthen their anti-bribery compliance systems and processes and ensure compliance with anti-bribery laws," the two agencies said in a joint statement.
"With the operating environment becoming more complex, and corruption cases more transnational in nature, adopting the new SS ISO 37001 standard will help Singapore companies safeguard against bribery," said Wong Hong Kuan, CPIB director and convener of a working group under the Singapore Standards Council for anti-bribery management systems.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
