What is the minimum value for gifts that must be declared?

Question

Accepted Answer

Minimum Value for Declaring Gifts Set at RM500

All ministers and lawmakers are required to declare any gifts received that exceed RM500 in value. A copy of this declaration must subsequently be submitted to the Malaysian Anti-Corruption Commission (MACC).
Public Declaration of Gifts

Transport Minister Anthony Loke demonstrated the government's adherence to its no-gift policy by openly declaring a smartphone he received as a token of appreciation from an event organiser. He then promptly returned the device. This action was intended to show that the government is actively implementing its regulations and that such tokens of appreciation are not necessary in the future.
Policy on Gift Acceptance

Loke, who also serves as the Seremban MP, received a Huawei smartphone at an event where Huawei Technologies Malaysia had partnered with diffride to offer special rates on their smartphones to drivers. He stated that he had to reject the gift because its value was likely over RM500, reinforcing the new government's stance on gift acceptance. He further communicated to event organisers that they should refrain from offering gifts.
Reporting Requirements for Gifts

The policy, as announced by Prime Minister Tun Dr Mahathir Mohamad, mandates that all Cabinet members and lawmakers must declare gifts exceeding RM500. These declarations are to be reported to the Prime Minister, with a copy sent to the MACC. The Prime Minister himself is required to declare gifts directly to the MACC.
Legislative Amendments for Reporting

Amendments to anti-graft laws are planned to ensure that the Prime Minister and Deputy Prime Minister are legally obligated to declare the receipt of any gifts to the federal anti-graft agency. This measure aims to strengthen transparency and accountability regarding the acceptance of gifts by high-ranking officials.

Reading history

Hide →

This history is cleared when the page is closed.

What is the minimum value for gifts that must be declared?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends