Current:Home > ContactMalaysia charges former minister for not declaring assets, as graft probe targets allies of ex-PM -OceanicInvest
Malaysia charges former minister for not declaring assets, as graft probe targets allies of ex-PM
View
Date:2025-04-19 03:50:20
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! (1)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- A golden age for nonalcoholic beers, wines and spirits
- The federal spending bill will make it easier to save for retirement. Here's how
- Q&A: A Republican Congressman Hopes to Spread a New GOP Engagement on Climate from Washington, D.C. to Glasgow
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- How Maryland’s Preference for Burning Trash Galvanized Environmental Activists in Baltimore
- ‘At the Forefront of Climate Change,’ Hoboken, New Jersey, Seeks Damages From ExxonMobil
- See the Major Honor King Charles III Just Gave Queen Camilla
- Could your smelly farts help science?
- Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- The Shiba Inu behind the famous 'doge' meme is sick with cancer, its owner says
- NTSB head warns of risks posed by heavy electric vehicles colliding with lighter cars
- Tidal-wave type flooding leads to at least one death, swirling cars, dozens of rescues in Northeast
- See you latte: Starbucks plans to cut 30% of its menu
- Bidding a fond farewell to Eastbay, the sneakerhead's catalogue
- Today's Al Roker Reflects on Health Scares in Emotional Father's Day Tribute
- In California’s Farm Country, Climate Change Is Likely to Trigger More Pesticide Use, Fouling Waterways
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Southwest Airlines' #epicfail takes social media by storm
A Sprawling Superfund Site Has Contaminated Lavaca Bay. Now, It’s Threatened by Climate Change
New Arctic Council Reports Underline the Growing Concerns About the Health and Climate Impacts of Polar Air Pollution
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Rally car driver and DC Shoes co-founder Ken Block dies in a snowmobile accident
Senate 2020: Mitch McConnell Now Admits Human-Caused Global Warming Exists. But He Doesn’t Have a Climate Plan
Listener Questions: Airline tickets, grocery pricing and the Fed