Keeping elections clean: TI-Malaysia launches Election Integrity Pledge
Uncontrolled and unchecked spending and a culture of money politics can disrupt the proper functioning of Malaysia’s political system. For example, Transparency International Malaysia’s research on political financing shows that the party leading the ruling coalition held assets of more than EUR 350 million in 2004. The EUR 50,000 limit on campaign spending is rarely followed, as parliamentary candidates typically spend EUR 120,000-250,000 during election campaigns. As Malaysia’s General Elections loom close (they must be held by June 2013), it is vital to take action to ensure that the rules and regulations are strictly implemented and transparency achieved at all levels of political financing.