Archive for May 2nd, 2011

Laws needed to ensure political funding transparent

Posted on May 1, 2011, Sunday

KUALA LUMPUR: Malaysia needs laws to ensure all political funding is transparent, according to a member of the Anti-Corruption Advisory Board, Tan Sri Megat Najmuddin Megat Khas.

He said this was among the 10 recommendations by the board to the authorities, since there currently were no laws governing the political funding process in the country.

Megat Najmuddin, who is also the Malaysian Institute of Corporate Governance president, said almost all political parties were reluctant to even talk about the need to be transparent in matters of political funding, which was important to eradicate, among others money politics in the country.



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