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This week Corruption Watch made written submissions to the parliamentary ad hoc committee on the funding of political parties, on the draft Political Party Funding Bill of 2017.
We expressed concerns mainly around the continued lack of transparency in the private finding of parties. Transparency in party funding prevents and deters corruption and malfeasance, and steps taken to address transparency in party funding are necessary for the protection and promotion of multi-party democracy.
We believe that the committee now has the opportunity to ensure that issues of transparency and accountability are addressed in a meaningful and decisive manner.
We noted that the bill fails to address funding from investment vehicles owned by political parties as well as funding from companies that do business with the state. In this regard, we previously made a number of important suggestions based on OECD guidelines that either involved outright bans of certain funding or strict regulation and enforcement – however, our suggestions are not reflected in the draft bill.
Our previous submissions included the following points:
Download our complete submission.
Download the draft bill.
Corruption Watch (RF) NPC is an accredited Chapter of Transparency International e.V..
All views and statements represent those of Corruption Watch (RF) -NPC unless
otherwise noted, and do not necessarily reflect those of Transparency International e.V..