Building trust – Transparency Maldives calls for enhanced asset disclosure

“Most striking of all, however, are the remarkably high levels of cynicism of the public. Maldivians are far more cynical than publics in other comparable countries,” concluded the ‘Democracy at the Crossroads’ report.

A position paper released by the anti-corruption NGO last week, however, suggests a way to repair the country’s threadbare trust in its public figures through an enhanced asset disclosure regime.

“Asset declaration generally requires a certain category of public officials—also identified as ‘politically exposed persons’ to describe individuals entrusted with prominent public functions—to disclose their financial and business interests,” explains TM’s paper.