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

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...