Jomo: Foreign political funding always raises red flag

Source: FMT News

Forum on electoral reform hears proposal to prevent caretaker government from announcing new projects and dishing out contracts during a general election campaign. Pic from FMT News.

PETALING JAYA: Whenever a political party receives funds amounting to billions of dollars from a foreign donor, alarm bells should be set off, economist Jomo Kwame Sundaram said.

“It’s something that we need to view seriously. These foreigners donate not because they support a party, but because they have another motive,” Jomo told a forum on electoral reform here last night.

While he did not specify any particular case, it is believed he was alluding to the RM2.6 billion that was deposited into Prime Minister Najib Razak’s personal bank accounts in March 2013, two months before the last general election (GE13). Read more