Public disclosure of assets for Political Office Holders and key personnel in the Civil Service

Written Reply to Parliamentary Question on public disclosure of assets for Political Office Holders and key personnel in the Civil Service and Government-linked corporations 

Parliament Sitting: 26 Feb 2024

Mr Leong Mun Wai: To ask the Prime Minister whether he will consider the introduction of public disclosure of assets for (i) political office holders and (ii) key personnel in the Civil Service and Government-linked corporations to boost transparency and public trust.

Written Reply by Mr Chan Chun Sing, Minister for Education and Minister-in-charge of the Public Service

There are already established processes in place for Political Office Holders (POHs) and civil servants to make declarations of their assets. The Code of Conduct for Ministers requires POHs to make a declaration of their sources of income, assets, and financial liabilities to the President through the Prime Minister, upon their appointment to office. Civil servants make declarations of interests in investments and properties to their Head of Agency annually and when they come to acquire significant assets. For Government-linked companies, they are private entities and make their own decisions on such matters.