PUTRAJAYA: Having a set of laws to regulate political funding will have a positive impact on Malaysia as it will improve the country’s image in terms of integrity and accountability, says Senator Datuk Paul Low.
The Minister in the Prime Minister’s Department said the recommendations by the National Consultative Committee on Political Financing could be an effective tool to improve governance because if political parties were transparent in their financial activities, the Government would also be seen as having high integrity.
Low said parties which had reservations on the recommendations should look at the proposal “in total”.
“It depends on what they are not happy about but generally, the recommendations can be effective as disclosures will have to be made so that they must be accountable on the expenditure and source of the funds.
On reservations voiced by several opposition lawmakers, Low said he could not fathom their concerns, saying that the proposed laws would be good for the country. Read more