Undoubtedly funding is an essential part of any political parties in Malaysia. Over the years we know both Barisan Nasional (BN) and Pakatan Rakyat parties have resorted to contribution and donation by individuals or corporations. However, such political funding has always remained shrouded in secrecy.

It is not something new. Political parties and politicians need money to serve in their respective constituencies or to fund their campaign during an election. For obvious reason both BN and Pakatan had been quite reluctant to push for a reform to regulate political financing.

If there is a law to regulate the funding; corruption, abuse and undue influence in politics can be curbed in order to secure a sustainable financial base and healthy political environment. Hence the issues whether BN or Pakatan parties are financially supported by government linked companies or corporations can be resolved once and for all.

Rumours such as whether 1MDB or certain developers actually funded BN or Pakatan respectively will be known and seen as an accountable and transparent process in a mature democracy.

In addition by amending the political funding laws such as the Election Offences Act 1954 , it will also promotes clean and credible candidate to stand for election instead of only for money. This is because all forms of contributions must be channelled to an official account instead of personal account. This may also well resolves the issue of warlords.  As a result all related expenses can be independently audited to promote a conducive political environment.

Lastly, it will also reduce the capacity of those with private agenda to influence the election outcomes. Parti Gerakan has been considering the above and I will definitely support it.

ANDY YONG is Gerakan deputy Youth chief.