Sunday, January 18, 2009

Show us the money, TI tells political parties - Star

Jan 18, 2009 By WONG WEI HWANG and M. SHAMINEE

KUALA LUMPUR: Transparency International-Malaysia (TI-Malaysia) has launched a project called “Money In Politics, People’s Concern” to encourage transparency and accountability in the financing of political parties, especially during elections.

“We work to fight against corruption particularly money politics because it is the mother of all corruption,” TI-Malaysia president Tan Sri Ramon V. Navaratnam told reporters at Wisma FMM on Sunday.

The project would research existing legislation and evaluate actual local and foreign financing of political parties.

TI-Malaysia exco member Tan Sri Megat Najmuddin Megat Khas said during general elections, all political parties seemed to have ample money to spend.

“The public usually wonders where the money comes form. Hence this project. We hope the question will be answered when the financial aspect of the party becomes transparent,” he said.

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