Be vigilant against corruption

KOCHI: “Make your companies complaint with tax laws,” said C J Mathew, development commissioner, CSEZ. He was speaking at the inaugural function of the MBA batch of 2011-13 at the Amrita School of Business, Kochi. “Taxes and governance are two sides of the coin, without taxes there is no governance,” he said. The commissioner was speaking about the increasing incidents of corporate corruption and  corporate scams  hitting the headlines. “The angst of the public is evident in the demonstrations that are held today. Though not all the corruption comes from the corporates, they have played a role in it,” he said. “At the time of liberalisation, we did not put adequate checks on the exploitation of natural resources by private parties. The natural resources belong to the public. The government is now looking into the issue and it is a welcome step,” he said. He asked the students to be vigilant against corrupt practices in the corporate world. “Every scam is a result of a policy going wrong. The origin of corruption maybe from the government. But the scams arise as a result of the government corporate nexus” he said. Sunanda Muralidharan, chairperson- MBA programme, Amrita School of Business, Dr Prem Nair, medical director, AIM S and G Kalyanaram, dean, also spoke during the function. This is the 16th MBA batch of the university.