The Centre to Combat Corruption and Cronyism (C4) calls for a Political Financing Act to address corruption linked to government contracts, citing the lack of transparency in contract distribution and unregulated appointments within government-linked companies (GLCs).
PETALING JAYA: A Political Financing Act is needed to break the cycle of corruption tied to government contracts , says the Centre to Combat Corruption and Cronyism .
He called for immediate reforms, including the introduction of a Political Financing Act and a legally enforceable asset declaration framework, to create barriers against these entrenched practices. He stressed that without proper regulation, political parties in Malaysia will continue to benefit from corrupt practices, as current laws impose only minimal obligations on parties to report their finances.
Touching on the recent discovery of RM5mil in a safe house allegedly linked to a politician, Pushpan said the news was shocking but not entirely surprising.“This follows a pattern we have observed before – funds are often concealed in various ways, and it reflects the systemic issues we face in the lack of oversight and regulation,” he said.
Corruption Government Contracts Glcs Political Financing Transparency
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