Transparency International Malaysia (TI-M) has for many years repeatedly called for transparency and full public disclosure of assets of elected and public officials, towards improving the confidence of Malaysian citizens and foreign investors in integrity, accountability and good governance.
We are encouraged by the disclosure by Penang officials that was announced last week, which we believe is a first for Malaysia. We are further encouraged by the intention of the Chief Justice for judges to declare their assets as reported today.
TI-M urges all other elected and public officials, whether Government, Opposition or Independent, also to make full public disclosure of assets upon assuming office and at regular fixed intervals thereafter. TI-M also believes that for a full picture, liabilities, borrowings and debts of officials should also be disclosed.