Penang Chief Minister and Exco Assets Declaration

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Congratulation to The Penang executive council’s who made available their declaration of assets online. The assets declaration were uploaded to the state government’s website today, were audited by KPMG.

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.

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.

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.”

If you want to read more details about Penang Chief Minister and its Exco Assets Declaration you can viewed it at www.penang.gov.my, the full list can be downloaded here.
 

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