68. Are elected officials required to submit reports regarding their finances?

4.            Statement of income, etc.

(1) A person to whom this Law applies shall–

(a)           within three months after Independence Day; or

(b)           within three months after becoming such a person,

as the case may be, and at least once in every period of 12 months while he remains such a person, give to the Ombudsman Commission a statement to the best of his knowledge setting out, in respect separately of himself and his spouse and any of his children under voting age–

(a)           the total assets including money, personal property and real property in the possession or under the control of each of them; and

(b)           the total income received by each of them during the period to which the statement relates and the source of each of those incomes; and

(c)           the business connections of each of them (including any business connections with unincorporated profit-seeking organizations); and

(d)           the directorships or other offices in a corporation or an unincorporated profit-seeking organization held by each of them; and

(e)           all business transactions entered into by each of them (including transactions with unincorporated profit-seeking organizations) during the period to which the statement relates; and

(f)            all gifts received by them (other than gifts received in the normal course of events from close relatives) during the period to which the statement relates and the value of those gifts; and

(g)           the assets acquired by each of them during the period to which the statement relates; and

(h)           the liabilities incurred or discharged by each of them during the period to which the statement relates, and the amount of each such liability.

(2) The period to which a statement under Subsection (1) shall relate is–

(a)           in the case of the first statement–the preceding 12 months; and

(b)           in any other case–the period since the last statement was given.

(3) In the case of sundries and minor items it is sufficient if the declaration shows their general natures and approximate amounts or values.

(4) The Ombudsman Commission or other authority may, by notice in writing to a person to whom this Law applies, require him to explain or give details or further details of any matters relating to the statement including–

(a)           sundries and minor items shown in accordance with Subsection (3); and

(b)           omissions or apparent omissions; and

(c)           discrepancies in the statement or between it and other statements or other information available to the Ombudsman Commission or other authority.

(5) Statements and information given to the Ombudsman Commission or other authority under this section shall not be revealed to any person except–

(a)           in the course of the duties of the Ombudsman Commission; or

(b)           for the purpose of proceedings or possible proceedings under Section 27; or

(c)           under an order of a court of competent jurisdiction.

(6) A person to whom this Law applies who–

(a)           fails without reasonable excuse (the burden of proof of which is upon him) to give to the Ombudsman Commission or other authority a statement in accordance with Subsection (1), or to give any explanation or details required under Subsection (4); or

(b)           knowingly, recklessly or negligently gives such a statement or explanation, or any such details, that is or are false, misleading or incomplete in a material particular,

is guilty of misconduct in office.

Source: Article 4, Organic Law on the Duties and Responsibilities of leadership No 906 of 9998

Elected officials are amongst the leaders required to provide an annual statement of assets, income and business interests