Tuesday, August 16, 2022

No more political donations from foreign interests to political parties, candidates

Secara Rawak

KUALA LUMPUR: The National Consultative Committee on Political Funding (JKNMPP) has proposed to prohibit political donations from foreign interests to political parties and individuals candidates.

In a statement today, Minister in the Prime Minister’s Department Datuk Paul Low Seng Kuan, who is also the chairman of the committee, said the proposal was to safeguard against foreign influence on local politics as well as the sovereignty of the nation, according to Bernama.

He said any individual or corporation established under the Malaysian law may donate to political parties and individual politicians under certain conditions.

“This includes that the corporation is not a government-linked corporation (GLC) and it must not currently be in benefit of any significant government contract or concession,” he said.

Low said all donations received must be notified to the controller within 14 days and must be disclosed to the public in a manner as prescribed by the appropriate Act, failing which it would be deemed as gratification and both the receiver and the donor should be charged under anti-corruption laws in the country.

“Anonymous donations are allowed for amount not exceeding RM1,000. This is specifically to facilitate crowdfunding initiatives through the Internet,” he said, adding that the proposal was among the preliminary decisions made at the 3rd JKNMPP meeting yesterday.

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