KUALA LUMPUR, Sept 25 ― Political parties and candidates should be allowed to spend as much as they can afford for campaigning as long as the source and recipients of the funds were known, said Datuk Seri Mukhriz Mahathir.
“I would think there should not be any restrictions on how much a candidate could spend but they have to declare openly about the sources, where it was received, how the funds were generated and for what purposes it was used. “I think if donations are done openly, some of these effects can be negated,” he said during a webinar on Transparency International Malaysia this morning.
Former prime minister Datuk Seri Najib Razak, current Umno president Datuk Seri Zahid Hamidi, former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor are among the high profile names charged for corruption over funds they all claim to be political donations. Bangi MP Ong Kian Mng said matters were muddied by government-linked firms that could be engaging in political patronage.
Not capping political spending means that the rich get a distinct advantage. No surprise someone with a lot of money makes this statement. But obviously, the cap should be increased to keep up with inflation.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Commerce chief: More action to be taken on Huawei if needed | Malay MailWASHINGTON, Sept 24 — US Commerce Secretary Gina Raimondo said on Thursday the Biden administration will take further action against Chinese telecoms firm Huawei if necessary, after some Republican lawmakers have pressed for more steps. Washington says Huawei is a national security threat on a...
Source: malaymail - 🏆 1. / 86 Read more »
Thunberg tells Germans ‘no party’ doing enough on climate | Malay MailBERLIN, Sept 24 — Swedish climate activist Greta Thunberg told thousands of demonstrators in Berlin ahead of Germany’s general election on Sunday that “no political party” was doing even nearly enough to fight the climate crisis. Speaking at a rally today in front of the Reichstag...
Source: malaymail - 🏆 1. / 86 Read more »
China tells Evergrande to avoid dollar bond default as deadline looms | Malay MailHONG KONG, Sept 23 — Chinese regulators have asked China Evergrande Group to avoid a near-term default on its dollar bonds, Bloomberg Law reported today, the day the troubled property developer is due to make a much-awaited interest payment on its offshore debt. In a recent meeting with...
Source: malaymail - 🏆 1. / 86 Read more »
Don’t panic buy, Britain tells consumers amid strikes, power shortages | Malay MailLONDON, Sept 23 — Consumers should not panic buy products as Britain is not heading back into a 1970s-style “winter of discontent” of strikes and power shortages, a junior minister said today. Soaring wholesale European natural gas prices have sent shockwaves through energy, chemicals and...
Source: malaymail - 🏆 1. / 86 Read more »
Australia treasurer warns of financial risks if net zero not adopted | Malay MailWASHINGTON, Sept 24 — Australia must brace for higher borrowing costs if the country fails to match other developed nations in efforts to cut carbon emissions to net zero by 2050, Treasurer Josh Frydenberg will say on Friday. “Australia has a lot at stake. We cannot run the risk that markets...
Source: malaymail - 🏆 1. / 86 Read more »
Myanmar will not address world leaders at UN, Afghanistan will | Malay MailNEW YORK, Sept 25 ― No representative from Myanmar is scheduled to address the annual high-level UN General Assembly, a UN spokesman said yesterday, amid rival claims for the country's UN seat in New York after a military coup ousted the elected government. Competing claims have also been made on...
Source: malaymail - 🏆 1. / 86 Read more »