Malaysia

Exco asset declaration online, verified by KPMG, says Penang

Lim said the rakyat has a right to demand accountability from public officials. — File picLim said the rakyat has a right to demand accountability from public officials. — File picKUALA LUMPUR, Jan 13 — The Penang executive council’s declaration of assets, which were uploaded to the state government’s website today, were audited by KPMG, Lim Guan Eng said today.

The chief minister said in a statement that “for the first time in Malaysian history, this public declaration of assets was conducted not by the state government but by an independent audit company” and its senior partner Ooi Kok Seng.

“As an independent audit firm, KPMG is required to uphold the highest standards of professional standards, ensuring that it complies with the principles of objectivity, independence and no conflict of interest before undertaking any task.

“Penang state exco members holding positions of public trust believe that the rakyat has a right to demand accountability from public officials,” the DAP secretary general said.

Lim and his state executive councillors publicly declared their assets yesterday, fulfilling a pledge by the Pakatan Rakyat (PR) government to stay accountable to the people.

The details of each official’s assets are available at www.penang.gov.my.

He had explained that the asset declaration was one of the six “integrity measures” he had proposed for the Penang PR government in line with its CAT (Competency, Accountability, Transparency) principles.

Apart from the declaration, the six measures also include a ban on the involvement of political parties in businesses, which Lim said “can only lead to conflict of interest.”

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