Govt plans bill to regulate trusts, public fundraising
Prime Minister Anwar Ibrahim says this is important to ensure such funds are managed transparently and responsibly.
Prime Minister Anwar Ibrahim led a special Cabinet committee meeting in Putrajaya to discuss national governance matters. Anwar stated that a study would be conducted to develop policies and draft a bill for regulating trusts and public fundraising. The Prime Minister emphasized the importance of ensuring these funds are managed transparently and responsibly, following the meeting's focus on curbing public funds leakages and power abuse within federal statutory bodies.
During the meeting, Anwar also endorsed seven resolutions presented at the 5th National Governance, Integrity, and Anti-Corruption Research Conference held on September 25. He reiterated the government's commitment to strengthening integrity in the public service and preventing leakages and abuse of power, highlighting the need to safeguard every ringgit in public funds and ensure the wise use of authority entrusted to those in leadership positions.
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- Govt plans bill to regulate trusts, public fundraising freemalaysiatoday.com