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Saturday 20 March 2010

Learn from PSM's annual asset disclosures

Political parties in Malaysia can learn a thing or two from Parti Sosialis Malaysia: the party has made it a point for their two elected reps and three councillors to disclose their assets and income to the public every year.


Declaring their assets at the Selangor Chinese Assembly Hall - Photo courtesy of PSM

Their asset disclosures are each accompanied by an annual performance report.

You can see the asset disclosures here. Even so, the format could be improved to include disclosures of the assets belonging to immediate family members and comparitive figures for the previous year to indicate if there has been any significant increase.

After all no unscrupulous politician would be stupid enough to acquire substantial assets in his or her name.

If the Pakatan parties want to be different from the BN, then it should seriously think of undertaking similar asset disclosures.

The Selangor Pakatan government leaders may have done a disclosure of sorts once but its forms did not really show the assets of its leaders. The format needs to be revamped.

What about the other states?

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