Former Malaysian Finance Minister Daim Zainuddin faces charges for undeclared properties, though currently hospitalized. Daim, a close confidante of ex-Prime Minister Mahathir Mohamad, held significant political and economic influence. Renowned for his role in steering Malaysia through economic crises, Daim’s career spanned law, business, and politics.
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Who is Daim
He served twice as finance minister and played a pivotal role in economic policy-making. After Anwar Ibrahim was sacked by Mahathir in 1998, Daim resumed his finance portfolio from 1999 to 2001. He then resigned in 2001, citing fatigue from politics. Despite retiring, Daim remained influential, leading the Council of Eminent Persons in 2018. He renegotiated Malaysia’s deals with China in 2019, including the East Coast Rail Link project, which reached halfway completion in 2023. In 2021, the Pandora Papers exposed offshore financial activities involving world leaders, politicians, and officials and Daim’s name was in the papers. So who is Daim?
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