rights to the provident fund committee or request the provident fund committee to delegate its voting power to the private fund management company. 2.5 Preparation and submission of reports to the SEC
but may delegate day-to-day managemen duties. The board must provide written directions to management that clearly set out management’s responsibilities. Matters for which the board has primary
public power for private gains, bribery or an act of authorized persons that violates duties for own interest or others. In conclusion, corruption is an abuse of power or bribery to gain private