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S’gor exco declare assets on Friday

PETALING JAYA, 11 March 2009: The public can view the assets of Selangor’s executive councillors (excos) at the state government’s official website,, beginning this Friday.

The declared assets will be from the date they were sworn into office on 24 March 2008 until the present, Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim said in a statement today.

The Pakatan Rakyat excos will declare assets such as property, shares and large sums of cash transfers.

“This will allow the public to scrutinise all transactions of assets during the exco members’ period of appointments in office,” Khalid said.

“The objective of asset declaration is to ensure that those holding highest office within the Selangor government will not take advantage of their position to unlawfully or unethically acquire assets — financial or otherwise.”

The declarations are meant to help exco members make “unbiased and impartial decisions” on policy matters, he added.

When opening the 12th state legislative assembly sitting yesterday, Sultan of Selangor, Sultan Shariffudin Idris Shah, expressed confidence in the measure.

However, the declaration exercise will not cover assets held by the exco members prior to their appointments in the state government.

Khalid said legal advice had been sought on the matter and the decision was made because the state would be unable to provide security or insurance for the excos and their family members.

Information about assets held prior to their government appointments have, however, been declared to Khalid in private.

He said such information can be released for legitimate reasons subject to conditions and approval set by the Special Select Committee on Competence, Accountability and Transparency (Selcat).

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