
KUALA LUMPUR, Malaysia - Former Malaysian Finance Minister Daim Zainuddin has been charged with failing to declare assets, as part of an ongoing corruption investigation linked to former Prime Minister Mahathir Mohamed. Both Daim and Mahathir argue that the probe is politically motivated, accusing prosecutors of disregarding potential corruption within the current government.
The 85-year-old Daim, a key ally of Mahathir, appeared in court in a wheelchair after his recent discharge from the hospital. He pleaded not guilty to the charge of failing to declare 71 assets, including luxury cars, various companies, properties, and land. If found guilty, he could face up to five years in jail and a fine.