Former Finance Minister Accuses Malaysia's PM of 'Political Witch-Hunt' Amid Corruption Probe
Daim Zainuddin's assets seized in anti-corruption crackdown, sparking speculation of wider dragnet under PM Anwar's administration.
- Malaysia's former finance minister, Daim Zainuddin, accused Prime Minister Anwar Ibrahim of initiating a 'political witch-hunt' against him, as he is subject to an ongoing anti-corruption probe.
- Daim, who is considered one of Malaysia's wealthiest and most politically influential figures, had his family-owned Ilham Tower seized by the Malaysian Anti-Corruption Commission (MACC) after he failed to declare his assets.
- Daim's accusations against PM Anwar and the MACC have caused unease in Malaysia's political and business circles, sparking speculation of a wider crackdown on corruption.
- PM Anwar has dismissed suggestions of a witch-hunt, stating that his administration is committed to tackling corruption in government and big business.
- The MACC's investigation into Daim's financial affairs is believed to be linked to an alleged embezzlement of state funds amounting to an estimated RM2.3 billion.