Subang MP Wong Chen said the management of political party accounts had to be improved because it was not enough to just receive money from the public.

“Companies also have to amend their corporate bill so that the public knows that one company is not giving multiple donations,” he said at a press conference.

“We also must deal with the issue of (giving political funds) to related political parties.”

Meanwhile, All-Party Parliamentary Group Malaysia (APPG) deputy chairman Fahmi Fadzil said the group, which comprises MPs and civil societies, had drafted a political funding bill for the Attorney-General’s Chambers (AGC) to review.

The Lembah Pantai MP said the APPG was a good platform to speed up the drafting of the bill.

“We have prepared a draft and hope that it will be adopted or included as part of the bill. There needs to be a wider discussion on why this legislation is needed.

“I also believe that the prime minister is aware of our views, and we hope that they will be accepted,” he said.

The APPG had also asked about the status of the political financing bill that was supposed to have been tabled two years ago.

Previously, Prime Minister Ismail Sabri Yaakob said the Special Cabinet Committee on Anti-Corruption had agreed in principle to a political funding bill.

He said the bill was important for the regulation of political financing and to avoid the risk of corruption and abuse of power by politicians, which would negatively affect the country’s image.

Ismail said the Cabinet committee had also agreed to an in-depth study on the separation of powers between the public prosecutor and the attorney-general as it involved the Federal Constitution, laws and financial implications.