Wealth leak prompts Daim to defend his ‘rich’ life

1 min read

Former finance minister Daim Zainuddin took to the media to fight back against the leaked Pandora Papers mostly published in The Guardian, a UK newspaper saying his business dealings and plenty of money were legit.

The Pandora documents showed the companies and trusts held by Daim’s children, wife or known business associates were worth at least £25 million (RM141.6 million). 

But Daim says he was a “successful and wealthy” businessman long before he entered politics and that taxes have been fully paid for his businesses and income. 

“Be that as it may, and what bears repeating, is that I was a successful and wealthy businessman long before I entered politics, and this has been sufficiently documented,” said Mr Daim.

“Business was my first love, and politics was national service. After retiring from politics, I returned to business,” he says.

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