New: Netizens question why Daim the “billionaire” not listed among wealthiest

The recent scandal with the Ilham Tower and its worth (billions of Ringgit) has netizens questioning several matters regarding the former finance minister Tun Daim Zainuddin who is claiming he could have been worth billions if he did not enter politics. Netizens are also asking why he is not listed among the wealthiest in Malaysia, given that his wealth is alleged to be in the billions.

Billionaire Daim?

Daim revealed he made significant financial losses during his service as a politician from 1984 to 2001. “If I had stayed in business and done nothing to actively grow these assets, the value of my liquid stock holdings alone would be worth over RM50 bil today. That is my cost today in my decision to join the government,” said Daim in a media statement last week. His statement raised more questions among netizens. (see above comments on billionaire status).