Current:Home > InvestMalaysia charges former minister for not declaring assets, as graft probe targets allies of ex-PM -WealthSync Hub
Malaysia charges former minister for not declaring assets, as graft probe targets allies of ex-PM
View
Date:2025-04-22 06:10:40
KUALA LUMPUR, Malaysia (AP) — Malaysia charged a former minister on Monday with failing to declare assets, the latest step in a corruption probe that’s targeting several people connected to a former prime minister.
Former Finance Minister Daim Zainuddin, who left office more than 20 years ago, is a key ally of ex-Prime Minister Mahathir Mohamed. Both argue that the probe is politically motivated and that prosecutors have ignored potential corruption among allies of the current government.
A frail Daim, 85, who was just discharged from hospital, turned up in court in a wheelchair. He pleaded not guilty to a charge of failing to declare 71 assets ranging from luxury cars to a raft of companies, properties and land. He faces up to five years in jail and a fine if found guilty.
After his court hearing, Daim called Prime Minister Anwar Ibrahim “a wolf in sheep’s clothing who cried reforms” but instead abused government institutions to pursue his political foes.
He pointed to the case of Deputy Prime Minister Ahmad Zahid Hamidi, who was also faced trial for corruption until prosecutors dropped 47 graft charges against him last year.
“I am not too bothered about my fate now, Let Anwar throw everything at me. But I fear for the fate of my country,” Daim said.
Last week, Daim’s wife also pleaded not guilty to a similar charge. Daim, one of the country’s wealthiest tycoons, insists his offshore assets were the result of legitimate business activities and investments.
Daim served as Finance Minister from 1984-1989 and again from 1999-2001 under Mahathir.
He and Mahathir’s eldest son, Mirzan Mahathir, were among several Malaysians revealed to hold millions offshore in the Pandora Papers, a major document leak that revealed offshore accounts held by politicians and billionaires around the world.
The anti-graft agency has asked both Mirzan and his brother Mokhzani to declare their assets.
Mahathir was Malaysia’s longest serving-leader, holding office for 22 years before he stepped down in 2003, and again from 2018-2020. He now supports the opposition Malay-Islamic alliance. Mahathir, 98, has said he believes Anwar is fishing for evidence to implicate him.
The two men have a long history that has shaped Malaysian politics. Anwar was Mahathir’s designated successor in the 1990s before they fell out amid the Asian financial crisis. Anwar was later jailed for corruption and sodomy, charges he said were concocted to kill his political career.
The pair joined hands for the 2018 general elections to oust the long-ruling coalition, while Anwar was in jail on a second sodomy charge. He was pardoned by the king shortly after their victory. Mahathir became premier for the second time in a deal that called for him later to hand over power to Anwar, but their alliance collapsed amid infighting.
veryGood! (5458)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- What is income tax? What to know about how it works, different types and more
- Judge to consider whether to remove District Attorney Fani Willis from Georgia election case
- Thousands of US Uber and Lyft drivers plan Valentine’s Day strikes
- Highlights from Trump’s interview with Time magazine
- Alabama lawmakers want to change archives oversight after dispute over LGBTQ+ lecture
- A Wyoming police officer is dead, shot while issuing warning
- Pop culture that gets platonic love right
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Judge allows freedom for elderly man serving life sentence
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Here's what Travis Kelce and Taylor Swift said to each other after Super Bowl win
- Taylor Swift makes it to 2024 Super Bowl to cheer on Travis Kelce with guests Blake Lively, Ice Spice
- Last-minute love: Many Americans procrastinate when it comes to Valentine’s gifts
- All That You Wanted to Know About She’s All That
- WhatsApp glitch: Users report doodle not turning off
- Nick and Aaron Carter's sister Bobbie Jean Carter's cause of death revealed: Reports
- 'Always kiss goodbye.' 'Invest in a good couch.' Americans share best and worst relationship advice.
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Russell Simmons accused of raping, harassing former Def Jam executive in new lawsuit
One Love, 11 Kids: A Guide to Bob Marley's Massive Family
The CDC may be reconsidering its COVID isolation guidance
Highlights from Trump’s interview with Time magazine
2 suspected gang members arrested after 4 killed in Los Angeles-area shootings
Knicks protest loss to Rockets after botched call in final second. What comes next?
'More optimistic': January CPI numbers show inflation still bugs consumers, but not as much