Published: 12 November 2009
Transparency in Political Finance in Bangladesh
Transparency in political finance is a powerful tool to reduce the corruption risk arising from monetary and in-kind contributions to parties or individual candidates. First, this is the cornerstone for controlling the influence of money in politics and a prerequisite for the enforcement of political finance legislation. Transparency empowers other social actors to scrutinize whether the information submitted by parties is complete, accurate and in accordance with the law. Citizens have the right to know about the ties between their representatives and those who lend them financial support, and may choose not to vote for candidates who receive funds from illegitimate sources or from specific interest groups leading to possible conflict of interest. Finally, publicly accessible information on funding sources is a precondition for monitoring the integrity of politicians once they are elected to office.
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