KUALA LUMPUR: While the draft political finance bill is ready, engagement with stakeholders is still needed, said Datuk Seri Wan Junaidi Tuanku Jaafar.
The minister of the prime minister’s department told Dewan Rakyat that he had discussed twice with the Election Commission (EC) and the Attorney General (AG) about the matter.
“For the moment, the project is ready but we have not yet carried out the necessary commitments with all the stakeholders”, he declared Thursday, October 7 in his closing speech for his ministry within the framework of the 12th plan. Malaysian.
Wan Junaidi said there are a lot of implications involving the bill and that it needs to be studied in depth.
“I also researched the topic of political donations in 2001 as part of my mission to the United States, where many weaknesses were noted in their law.
“The wealthy who use their own funds have not been surveyed while those who receive donations from private parties have been regulated,” he said, adding that Malaysia wanted a more comprehensive bill that would respond. to the needs of all parties.
He added that based on the review of the mid-term plan of the National Anti-Corruption Plan (NACP) 2019-2023, which had been presented to the Special Cabinet Committee on Combating Corruption (JKKMAR) , Series 14 No.1 for the year 2021, which was also approved by the Council of Ministers on May 19, 2021, the government remains committed to pursuing the initiative related to laws to regulate political donations.
“The study to form the new bill is currently underway, which will focus on regulating political donations based on the principles of transparency and accountability.
“The bill, which is currently under consideration, will take into account all points of view to ensure that the implementation mechanism will be effective,” said Wan Junaidi.
Based on the review of the NACP review report, the initiative to study the enactment of the new law was set between January 2021 and December 2022, he said.
“If deemed appropriate after taking into account the views of stakeholders, it will be submitted to JKKMAR and Cabinet, subject to current government policy,” he said.