to declare assets...
Former Malaysia finance minister Daim Zainuddin was charged on Monday (Jan 29) with failing to comply with a notice to declare his assets under the country's anti-corruption laws, amid a crackdown on graft involving prominent political and business figures.
The assets are said to include 38 companies and 25 properties in Kuala Lumpur, Selangor, Pahang, Negeri Sembilan, Perak and Kedah, as well as several luxury vehicles including a Rolls Royce, three Mercedes Benz and a Jaguar.
Daim, a key ally of ex-prime minister Mahathir Mohamad, pleaded not guilty. If convicted, he faces a maximum jail term of five years and can be fined up to RM100,000 (US$20,000). The 85-year-old, who served as finance minister from 1984 to 1991 and from 1999 to 2001, entered court on Monday in a wheelchair and his lawyer cited health issues when asking for bail.
“I understand the charge, pled not guilty and claim trial,” he said before Judge Azura Alwi. He was allowed bail at RM280,000. Daim's lawyer M Puravalen said that his client had kidney problems and was suffering from a minor stroke.
“He suffered from a fungal infection in his eyes, leading to the removal of one of them. He is practically homebound,” he added, also requesting that his client not be subject to additional bail conditions.
Daim was charged following an investigation by the MACC into the former minister based on information contained in the Pandora Papers - a massive leak of financial records in 2021 that revealed offshore assets held by politicians and public figures worldwide.The MACC last month seized Ilham Tower, a 60-storey building in Malaysia's capital Kuala Lumpur, as part of its probe into Daim.
After being charged, Daim said in a press conference that the current Malaysian administration "is abusing its powers, while betraying all the promises of reform". "I am not too bothered about my fate now, let Anwar throw everything at me," he said. "But I fear for the fate of my country."
Daim has described the probe against him as a "political witch-hunt" led by the anti-graft agency and Anwar, who succeeded him as finance minister in 1991.
The MACC said last month it had acted independently according to the law when opening investigations against Daim in February 2023.
Anwar and Mahathir have been locked in a decades-long off-on rivalry that saw Anwar, a one-time protege of the elder statesman, jailed for sodomy and corruption, charges he said were politically motivated. Anwar was pardoned and became prime minister in 2022, after more than two decades as an opposition leader, vowing to combat corruption and focus on the economy. - CNA
Kerusi roda tu jenama Rolls Royce atau Bentley?...
Is Daim appearing frail? Well, at 85 years old, he's an elderly man. It's likely he's fully aware of his age. However, don't let his physical appearance deceive you; his mind remains sharp, much like that of another elderly individual. So, don't be fooled by his arrival in a wheelchair and hunched posture; it's a strategy to project an elderly image and garner sympathy. No sympathy is warranted, considering that the list of his properties is just a fraction, with much of it already concealed. In stark contrast, a less fortunate woman received a five-year jail term for stealing a loaf of bread for her family.Daim has constructed a financial empire, possibly rivaling our GDP, yet it remains unlisted among Forbes' richest people globally. Why? Forbes doesn't recognize wealth acquired through illicit means. Truly, absolute power corrupts absolutely. - Kamsiah Haider
If Anwar is wolf in sheep's clothing, then what about you Daim? A lion in a donkey's clothing? You are far richer than richest man in Malaysia! How is it possible that you amass that kind of wealth as a politician? I do not believe u started saving since you were born in your mother's womb. Neither did your wife. - FitnessPro
The public generally will not care or believe what Daim says but will be looking forward to his many days spend in court. - Justmyview
“ I fear for the fate of my country “ ? Hello , don’t worry about that now - the rakyat simply want to know from where did you get your billion$ ? Prove it in the court of law - suddenly , you are showing “ extra care and love “ for your country? - RedMarlin 1833
Betul tu zaman kau org memerintah Malaysia byk yg jadi musang habis satu reban hasil negara kau rembat jadi harta . Skrg pm x cari semula harta tu. Tahniah pm x cari lagi musang tak kira bekas pm ke mb ke menteri ke atau tyt sekali pun. - Acekiritotama
The only woolf in sheep's clothing has been Mahathir. His betrayal of PH and Anwar will never be forgotten or forgiven. As for you, you supported PH in 2018 because of your loyalty to Mahathir and your desire to get rid of Najib and Rosmah, and enable Mahathir to take over Umno. That is why the entire apparatus of state was used in 2018 until 2020 to go after top Umno leaders for corruption. The only difference between then and now is you and Mahathir are no better from the rest. So stop the drama and face the charges. The rakyat are not dumb. - Gerard Lourdesamy
Daim has fallen and facing
his deserved fate in the dock...
Arguably the richest man in Malaysia. Probably the most sinister finance minister that ever prowled the corridors of power. Without doubt, the most prolific user of proxies in and out of government. A man who have made others who have done his bidding rich, but made himself much much richer. The man who had served Umno and our nation when called to do so, but never failing in the process, to served himself better. And in doing all this and more, Daim Zainuddin has kept his deeds, misdeeds and devious instructions, shrouded in mystery and ultimately hidden from prying eyes by the ingenious means of penciling his instructions and then having those incriminating self serving instructions erased forever.
Like his devious exploits in the financial arena, this slight, short and quiet man was no slouch when it comes to matters of the sexual kind. Numerous marriages, possible dalliances with delectable sweet young things and enough goings on in his confusing matrimonial merry go round to make us all wonder whom he was married or not married to, and who was his first, second, third or maybe even fourth spouse!
Some may see, in this man, the makings of a financial genius who was able to achieve almost legendary status given what he has amassed in his lifetime from initial failed business beginnings. Some may even think Daim to be a Malay hero able to give the Chinses a run for their money when it comes to business undertakings. There may or may not be some truth in all of these tales but in truth, this diminutive small man, is nothing more that a greedy, conniving bully who went about the business of taking for himself and taking from others, what ever he can, to make himself filthy rich.
Never having any regard for the welfare or suffering of others whom he had exploited and used for his own financial gains. Daim Zainuddin is a financial Machiavelli of the worst kind...successful in his endeavors of stealing, scamming and simply taking for himself, what he wants from other to sate his unbridled greed. And on Monday January 29th 2024, all his yesterdays caught up with him.
For reasons that escapes me, he was NOT dressed in orange with the legend "LOKUP SPRM" boldly emblazed on the attire he was wearing. He was not handcuffed nor did he arrived in a Black Maria. Instead we saw a frail old man in a wheelchair, being pushed by his minder, into the court room. Not only was one of his eye missing, but what was obviously missing was the Daim who once thought himself invincible against all comers, untouchable and above the law.
And what was he in court for? Kesalahan Daim simple aja. Pada bulan February, MACC minta Daim declare asset. Dia minta lima kali extension. In November 2023 final extension. Daim submit asset declaration to SPRM tanpa memasoki asset yang amat jelas: WISMA ILHAM bangunan 60 tingkat jelas dalam nama Neamah dan anak Daim. Dia tak declare!
Ini tidak ada kena mengena dengan PMX. So kenapa Daim marah kapada PMX? Dan di kaitakan ini dengan keadaan ekonomi dan kadar matawang! Kadar ringgit jatuh kerana US$ very strong dan Bank Negara Malaysia refuse to increase OPR. US interest rate is now 5.5 %. Ringgit interest rate only 3%. Tak ada kena mengena dengan PMX!
Daim, do not worry too much about the state of our country. Worry about the coming days that will see you in the Dock stripped off all of your past positions, glory and any respect that old age should accord you. You will be at the mercy and deliberation of the court who surely uncover, expose and perchance, convict you for the wrongs that you have inflicted upon so many others and upon our nation. Enough said. - Hussein Hamid
PMX pernah kata, beliau hanya pernah menangis sekali saja iaitu ketika bondanya meninggal dunia.Selain itu beliau tidak menangis.Hari ini PMX kelihatan sangat sedih sehingga beliau dilihat menangis ketika berpelukan dengan Agong...
cheers.
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