Skip to content
September 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • Labour abuse: Malaysian palm giant IOI to conduct audit after report, improve labour policies, working conditions
  • International News

Labour abuse: Malaysian palm giant IOI to conduct audit after report, improve labour policies, working conditions

Admin July 2, 2021

July 2, 2021

Malaysian palm oil giant IOI Corp will undergo an audit to assess the compliance of its labour policies and working conditions at its plantations, the firm said on Friday, following a report by a human rights group alleging violations.

Helsinki-based Finnwatch on Wednesday published a report alleging that Indian migrant workers at an IOI estate face poor living conditions, paid high recruitment fees, and were paid below the minimum wage.

IOI said it viewed the report’s findings seriously and would strive to improve the implementation of its labour policies and working conditions.

“Within the next months, IOI will undergo an audit supervised by one of our key customers and assisted by a reputable international labour rights consulting firm,” it said in an exchange filing. It did not name the customer and the consulting firm.

The audit will seek to ascertain any non-compliance with its labour policies or unsatisfactory working conditions faced by its 16,000 workers in Malaysia, the company said.

The statement came a week after IOI said it will assist in any investigation after the U.S. Customs and Border Protection (CBP) said in a letter to an activist that it was investigating the firm over forced labour allegations. read more

The company denied Finnwatch’s accusation of worker’s having to pay recruitment fees. It said workers had instead paid “illegal monies” in their home country to unknown persons, which is beyond IOI’s jurisdiction and should not be considered as such fees.

IOI highlighted its commitment to make ex-gratia payments to workers who had been charged the fees before introducing a no recruitment fees policy in 2017. It said the 918 workers eligible for the payment had been paid by June.

It said workers were guaranteed to receive the minimum wage, and had issued a guideline to enable a transparent process for them to verify their working hours and calculate their wages.

REUTERS

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: CBP Helsinki-based Finnwatch IOI

Post navigation

Previous Attack On Sunday Igboho a sad indicator we’re fast returning to the era of Abacha – Afenifere
Next Katsina: NDLEA arrests 258 suspects, seizes 415kgs of illicit drugs in 6 months

Related Stories

UN approves resolution in support of map that shows Africa’s true size african countries
  • International News

UN approves resolution in support of map that shows Africa’s true size

September 4, 2026
You’re a serpent, Iran’s Foreign Minister Araghchi lashes out at Netanyahu
  • International News

You’re a serpent, Iran’s Foreign Minister Araghchi lashes out at Netanyahu

August 31, 2026
WHO Urges Investment in Traditional Medicine to Expand Healthcare Access Across Africa programme
  • International News

WHO Urges Investment in Traditional Medicine to Expand Healthcare Access Across Africa

August 31, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Troops ​‌‌‌⁠‍‍⁠⁠‌‍‌⁠‍‍​‍‍‌​foil terrorists’ attack, recover arms in Sokoto Troops
  • National News

Troops ​‌‌‌⁠‍‍⁠⁠‌‍‌⁠‍‍​‍‍‌​foil terrorists’ attack, recover arms in Sokoto

September 6, 2026
Atiku, Tinubu, subsidy removal and Azu Ishiekwene’s Devilnomics, by Tony Eluemunor
  • Business & Economy

Atiku, Tinubu, subsidy removal and Azu Ishiekwene’s Devilnomics, by Tony Eluemunor

September 6, 2026
Cookies and gummies infused with cannabis intercepted at Lagos port by NDLEA
  • Crime and Justice

Cookies and gummies infused with cannabis intercepted at Lagos port by NDLEA

September 6, 2026
NDLEA arrests ex-convict posing as herbal tea merchant; intercepts cocaine consignment heading to Saudi Arabia
  • Crime and Justice

NDLEA arrests ex-convict posing as herbal tea merchant; intercepts cocaine consignment heading to Saudi Arabia

September 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.