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Former Malaysian Finance Minister Daim Zainuddin Dies at 86

Daim Zainuddin, known for his pivotal role in Malaysia's economic recovery, faced recent legal scrutiny over undisclosed assets.

  • Daim Zainuddin served as Malaysia's finance minister from 1984 to 1991 and again from 1999 to 2001, significantly contributing to the country's economic growth.
  • He was a close ally of former Prime Minister Mahathir Mohamad and played a key role in Malaysia's economic resurgence during the 1980s.
  • In recent years, Daim faced charges related to failing to disclose assets, including the seizure of Ilham Tower by Malaysia's anti-corruption agency.
  • Despite legal challenges, Daim's contributions to Malaysia's economic policies and national development were widely acknowledged by political figures.
  • Daim passed away after a period of hospitalization following a stroke, with funeral prayers held in Kuala Lumpur.
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