Malaysian Democratic Alliance Party (Muda) president Syed Saddiq Syed Abdul Rahman has declared a net asset value of RM1.9 million.
He said the declaration of property he owned as of Sept 30 was made in accordance with the Statutory Declaration Act 1960.
Syed Saffiq said the assets were acquired before and after joining politics and during his tenure as youth and sports minister.
The amount includes RM45,000 cash in his possession as well as other investments worth RM1.2 million.
He also owns a Yamaha NVX motorcycle worth RM8,500 in addition to financing his brother’s vehicle and a second-hand Pinarello bicycle worth RM8,000.
Among the other assets declared included a condominium unit in Kuala Lumpur worth RM880,000 still under construction and his right of 50 percent ownership of his family home in Elmina, Shah Alam.
He also has two priceless cats named “Toby and Meow Meow”.
“I don’t own assets abroad, no land, I don’t have expensive watches, I don’t have fancy clothes and I don’t have an overseas bank account.
“When I was a minister, none of my family members received any advantage, in fact, the ministry’s project tenders were all made openly,” he said at a press conference at the Muar Parliamentary Youth Office in Sungai Balang here, today.
He urged all other former ministers to declare their assets because the people have the right to know.
“That’s why the declaration of assets is important, so that the people know where the funds come from, whether it comes from the awarding of contracts, from ministerial posts, from the government, all of this can be traced. If you enter politics to get contracts, better not enter politics.
“I know that after this there will be critics and I accept criticism and suggestions with an open heart, but I hope that these criticisms and suggestions will also pressure others to declare their assets and property,” he said.
When asked if other Muda candidates contesting in the 15th General Election (GE15) also declared their assets, Syed Saddiq said they will all do so in the near future.
“I am the first candidate (for Muda to declare assets), the other Muda candidates will start declaring their assets, one by one, ” he said. – NST