When will the political funding proposal be submitted to Putrajaya?

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The political funding proposal is slated for submission to Putrajaya by the end of August.

The National Consultative Committee on Political Funding is on track to present its comprehensive plan to the government by the close of August. This proposal, which outlines necessary legislation, regulations, and administrative bodies for a transparent and integrity-driven political funding system, will first undergo review by the Cabinet. Following Cabinet approval, it will then be formally presented to Parliament for consideration.
Proposed Plan Components

The proposed plan is designed to establish a robust framework for political funding. It includes the specific laws required to govern such mechanisms, the detailed rules for their implementation, and the necessary supporting institutions. These institutions will be tasked with the administration and oversight of the political funding process, ensuring transparency and integrity.
Cabinet and Parliamentary Review

Before reaching Parliament, the proposed plan will be submitted to the Cabinet for its evaluation and endorsement. This step is crucial in ensuring that the government aligns with the proposed reforms. Subsequently, the plan will be tabled in Parliament, marking its progression to the legislative stage where it can be debated and potentially enacted into law.
Consultation with Political Parties

The committee intends to gather input from various political parties on the proposed political funding reforms. Seeking their views is a key part of the process before the final plan is submitted. This consultation aims to foster broader consensus and address concerns from across the political spectrum.
Committee Formation Context

The formation of the National Consultative Committee on Political Funding itself occurred in August of the previous year. This initiative was prompted by reports concerning a significant deposit into the private accounts of Prime Minister Datuk Seri Najib Razak. While the Prime Minister had explained the deposit as a political donation, the event highlighted the need for a clearer and more transparent system for political funding.

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When will the political funding proposal be submitted to Putrajaya?

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