Current:Home > ScamsMalaysia charges former minister for not declaring assets, as graft probe targets allies of ex-PM -Keystone Capital Education
Malaysia charges former minister for not declaring assets, as graft probe targets allies of ex-PM
View
Date:2025-04-16 17:52:12
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! (9)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Meet the fashion designer who dresses Tyson Fury, Jake Paul and more of the world's biggest boxers
- Designer David Rockwell on celebrating a sense of ritual
- Mega Millions winning numbers for May 17 drawing: Jackpot rises to $421 million
- Stamford Road collision sends motorcyclist flying; driver arrested
- Los Angeles police officer injured when she’s ejected from patrol vehicle after it’s stolen
- Simone Biles wins gymnastics US Classic by a lot. Shilese Jones takes 2nd. How it happened
- Kansas City Chiefs CEO's Wife and Daughter Speak Out Amid Harrison Butker Controversy
- Meet first time Grammy nominee Charley Crockett
- Caitlin Clark back in action: How to watch Indiana Fever vs. Connecticut Sun on Monday
Ranking
- Nevada attorney general revives 2020 fake electors case
- Murders of 2 girls and 2 young women in Canada in the 1970s linked to American serial rapist
- Oleksandr Usyk beats Tyson Fury by split decision to become the undisputed heavyweight champion
- Designer David Rockwell on celebrating a sense of ritual
- See you latte: Starbucks plans to cut 30% of its menu
- Scottie Scheffler planning to play next week after 'hectic' week at 2024 PGA Championship
- Taylor Swift pauses acoustic set of Stockholm Eras Tour show to check on fans
- Harrison Butker decries diversity, but he can thank Black QB Patrick Mahomes for his fame
Recommendation
The Best Stocking Stuffers Under $25
Georgia Republicans choose Amy Kremer, organizer of pro-Trump Jan. 6 rally, for seat on the RNC
OG Anunoby and Josh Hart are in the Knicks’ starting lineup for Game 7 against the Pacers
Israeli War Cabinet member says he'll quit government June 8 unless new war plan is adopted
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Move over pickle ball. A new type of 'rez ball' for seniors is taking Indian Country by storm
Wolves reach conference finals brimming with talent and tenacity in quest for first NBA championship
Disneyland character and parade performers in California vote to join labor union