NACP 6.1

Greater transparency over who owns and controls corporate entities

ANALYSIS

In Progress

Sub-promise

PH MANIFESTO 22 GLCs reform
 

NACP 6.1.1 – To strengthen the mechanism in enforcing mandatory job rotation for public servants holding sensitive posts

30 January 2019 

It also endorses an integrity vetting requirement as a selection criterion for top management positions in statutory bodies, SOEs and CLBG, as well as a conditional approach in the utilisation of funds provided by the government to all statutory bodies, SOEs and Government Established Company Limited by Guarantee (CLBG).

Click here for more

PH MANIFESTO 22 GLCs reform
 

NACP 6.1.2 – To impose conditional approach on the purpose and utilisation of funds provided by the Government to all Statutory Bodies, SOEs, and CLBG

30 January 2019 

Imposition of a conditional approach on the purpose and utilisation of funds provided by the government to all statutory bodies, SOEs and CLBGs.

Click here for more

PH MANIFESTO 22 GLCs reform
 

NACP 6.1.3 – To impose a full disclosure of the Statutory Bodies, SOEs, and CLBG on:


i) Direct and indirect share holdings of senior management;
ii) Individual director’s and key management personnel’s directorship positions in other public companies (listed or otherwise);


iii) Remuneration of individual directors on a detailed basis
iv) Remuneration of senior management on a bands basis number of individuals earning remuneration within that band

19 March 2019 

The Ministry of Finance (MoF) is preparing a clear guideline on the remunerations to be paid out to directors in government-linked companies (GLCs) as part of the Pakatan Harapan (PH) government’s efforts to eradicate patronage.

Click here for more