I would have been worth at least RM50bil if not for politics, says Daim
The former finance minister says this is the ‘personal cost’ he suffered after joining the government.
Read More:
https://www.freemalaysiatoday.com/category/nation/2024/01/12/i-would-have-been-worth-at-least-rm50bil-if-not-for-politics-says-daim/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/01/12/saya-kaya-aset-lebih-rm50-bilion-jika-kekal-berniaga-kata-daim/
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Read More:
https://www.freemalaysiatoday.com/category/nation/2024/01/12/i-would-have-been-worth-at-least-rm50bil-if-not-for-politics-says-daim/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/01/12/saya-kaya-aset-lebih-rm50-bilion-jika-kekal-berniaga-kata-daim/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
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Transcript
00:00 [Music]
00:01 50 billion ringgit.
00:03 That's how much former finance minister,
00:05 Dayim Zainuddin,
00:06 claims he would be worth if he never joined politics.
00:09 For the country's tallest building,
00:10 Menara Mudeka 118
00:12 cost around 5 billion ringgit to build.
00:14 Dayim's claim is part of a supporting affidavit
00:16 for his judicial review application
00:18 to challenge the Malaysian Anti-Corruption Commission's probe
00:21 into him and his family.
00:23 Dayim said he had to liquidate his assets
00:24 and quit the business world when he entered politics.
00:27 He said if he did not join politics,
00:29 he would be worth a lot more
00:30 as he was already a successful and wealthy businessman.
00:34 In the affidavit,
00:34 Dayim also questioned the purpose of the investigation,
00:37 saying MACC refused to disclose
00:39 the nature of his investigation into him and his family.
00:42 He said he only knew from news reports
00:43 that the probe was linked to the leaked Pandora Papers.
00:46 The Pandora Papers refer to a leak of millions of documents
00:49 that revealed details of offshore accounts
00:51 allegedly held by present and past presidents,
00:54 prime ministers and billionaires.
00:56 Dayim was among the Malaysians named in the Pandora Papers.
00:59 Others include Deputy Prime Minister Ahmad Zaid Hamidi,
01:02 Investment, Trade and Industry Minister Tengku Zafrul Aziz
01:05 and PKR's selling MP William Leong.
01:08 Samui Chua, FMT News.
01:09 (upbeat music)