Malaysian graft agency asks another Mahathir son to show assets
The Malaysian anti-graft agency’s investigation into offshore assets expanded to include another son of former prime minister Mahathir Mohamad.
Businessman Mokhzani Mahathir received an asset declaration notice from the agency, a spokesperson for the Malaysian Anti-Corruption Commission (MACC) said on Saturday (Jan 27).
Earlier this month, the MACC ordered Dr Mahathir’s eldest son, Mirzan Mahathir, to declare all of his income since 1981, when his father first became prime minister.
Mokhzani could not immediately be reached for comment. His father, who served two stints as prime minister, has alleged the probe is politically motivated.
The order is part of MACC’s investigation into information from leaks of offshore business records that were revealed in recent years by the International Consortium of Investigative Journalists, a global media network.
Among those probed are Daim Zainuddin, a former finance minister and adviser to Dr Mahathir. Free Malaysia Today on Saturday reported that Zainuddin said he will face charges next week related to disclosure of assets. His wife was charged this month over failing to declare assets. She has denied the charges. BLOOMBERG
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’
US jobs growth slows in April; jobless rate up to 3.9%
Magnitude 6.0 quake strikes Philippines, aftershocks and damage expected