Tuesday, May 28, 2024

Asset Declaration of Cabinet Members/MPs - when they get into power, and then annually - to ensure NO unlawful enrichment by them or family members whilst in power?

Since Prime Minister Anwar Ibrahim's Pakatan Harapan led coalition government came into power in November 2022, there seems to be no ASSET DECLARATION of members of administration or MPs yet...and it is now May 2024.

REASON for Asset Declaration is to ENSURE that these Members of Cabinet and/or MPs do not unlawfully or illegally accumulate wealth for themselves and their family members by virtue of the position/power they now have.

Hence, 1st Asset Declaration when they become a member of the Cabinet or MP - this tells us HOW much they have when they come into power.

Then, regular Asset Declarations - maybe annually or bi-annually > so, the people can MONITOR that there is no UNLAWFUL enrichment of themselves or their family members. We know their salaries/allowances - so, we can monitor.

REGULAR ASSET DECLARATION will also DETER abuse of power or position to increase personal or family wealth whilst in POWER.

Thus, ONE ASSET DECLARATION only is useless....
Now, in this Prime Minister Anwar Ibrahim's government - there seem to be NO ASSET DECLARATION of Members of the Cabinet, and/or MPs YET it seems... HENCE, how much have they ACCUMULATED unlawfully since they got into power will be most difficult to even be seen. It has been almost 18 Months....Mmmm
Why should ASSET DECLARATIONS be PUBLIC - because then the people who know of 'hidden wealth' not declared can also help REVEAL this and catch those who LIED to the people....People's participation in Monitoring their MPs and Ministers...

Past ASSET DECLARATIONS must always be available online - It is wrong to just keep ASSET DECLARATIONS for public just for a few months, and then it is gone. How then will we be able to compare? 
After delaying ASSET DECLARATION, again in March, they talked about NEW FORMAT to be enforced soon - but when is SOON?
ASSET DECLARATION must be LAW, where the failure to make truthful declaration must be criminalized. Sometimes, personal assets can be hidden under the names of 3rd parties - that should never be allowed. We recall Azam Baki's case, where on the face of it, the shares would belong to Azam Baki but if his assertions were true, the his brother could have hidden away his shares...This should be prevented.
The Securities Commission Malaysia (SC) said it will be in touch with Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki and the parties involved, following Azam's claim that his share trading account was used by his brother to purchase shares in 2015.
We have all heard some politicians make claims that monies in their account is NOT theirs but belong to the political party or some welfare institution... The law must be clear to ensure that all monies in your account is presumed to belong to you, unless proven otherwise. Likewise, all shares in your account is yours, unless proven otherwise...

We need a LAW - which also stipulates offences, and DETERRENT sentences.

New format for asset declaration for MPs and administrative members to be enforced soon

KUALA LUMPUR: A new format of asset declaration for members of parliament and administrative members will be implemented soon.

Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman said this follows the decision of a Special Cabinet Committee on National Governance meeting chaired by Prime Minister Datuk Seri Anwar Ibrahim on Jan 8.

"Following the meeting, the committee agreed to bring the proposed improvement on asset declaration format for the cabinet's further discussion in the nearest time before the format is enforced," she said in a parliamentary written reply on Monday.

She said this in response to Datuk Seri Takiyuddin Hassan (PN-Kota Bharu) on whether the government has implemented the asset declaration policy for all administrative members.

Meanwhile, Azalina said that the 17th Special Cabinet Meeting on Anti-Corruption chaired by the prime minister on July 6, last year, had also agreed that all administrative members declare their assets.

"However, the existing asset declaration format must be improved to ensure that the information provided is accurate and transparent before asset declaration is carried out again.

"Following this decision, the cabinet meeting on July 12, 2023, agreed that a new, more comprehensive asset declaration format should be prepared by the Malaysian Anti-Corruption Commission (MACC) as an improvement measure."

The Prime Minister's Office (PMO) announced that the Special Cabinet Committee on National Governance in January announced a new guideline to replace the 1998 circular letter (No. 3) in strengthening the governance of Federal Statutory Bodies (FSB).

PMO said the implementation of the guideline is a priority to support the Malaysia Madani agenda through the empowerment of statutory bodies.

It added that the committee also discussed the new format for asset declaration by lawmakers and administrative members to be reinforced, in line with the government's principle of transparency. - NST, 25/3/2024


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