Malaysia’s ex-finance chief faces charges for corruption, igniting rightful action!

TLDR: Malaysia’s former finance minister, Tun Abdul Daim bin Zainuddin, has been charged with failing to comply with the Malaysian Anti-Corruption Commission’s (MACC) order to declare his assets. Zainuddin, along with his wife and two children, were requested in January 2024 to testify about “high-value assets” under their company’s name within and outside the country. Zainuddin, aged 85, has been charged with possessing undeclared assets including high-end cars, companies, properties, and land. He could face a maximum of five years in jail and a fine if convicted. The investigation into Zainuddin began following the disclosure of his assets from the Pandora Papers. Zainuddin has denied all allegations and accused Prime Minister Anwar of interfering in the investigation. The MACC is also investigating former high officials and close aides of the former prime minister for alleged misconduct with public funds during their tenure.