Malaysia’s Daim: Mastered assists – wealth predates politics.

TLDR:

• Malaysia’s former finance minister Daim Zainuddin claims that he gained his wealth through legitimate business activities before entering politics, as he faces a probe by the Malaysian Anti-Corruption Commission (MACC).
• Daim filed an affidavit along with his family to challenge the probe and stated that he would have amassed even more wealth had he not joined politics.
• He argues that his decision to serve the country came at a great financial loss to himself and his family, as the value of his liquid stock holdings alone would be worth over 50 billion ringgit ($10.8 billion) today.
• Daim and his family have applied for a judicial review to declare MACC’s actions as unlawful and unconstitutional and are seeking the return of their seized properties and assets.

Malaysia’s former finance minister, Daim Zainuddin, asserts that he had accumulated his wealth through legitimate business activities before entering politics, as he faces a probe by the Malaysian Anti-Corruption Commission (MACC). In an affidavit filed with his family, Daim challenges the probe and claims that he would have gained even more wealth if he had not joined politics. He states that his decision to serve the country came at a significant financial loss as the value of his liquid stock holdings alone would be worth over 50 billion ringgit ($10.8 billion) today. Daim and his family have applied for a judicial review to challenge MACC’s actions as unlawful and unconstitutional, and they are seeking the return of their seized properties and assets.