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 comparative figures for the previous year to indicate if there has been any significant increase.
After all, which crooked 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 they 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 reveal their assets. The format needs to be revamped.
What about the other states?