It is notable that there is a clear indication
that politics is a particular high-risk area for corruption and so far no
important integrity safeguards in place including mandatory codes of conduct
for politicians, clear conflict of interest regulations and rules on disclosure
of interests, assets and income.
Political parties, along with business sectors often are accused for
hampering anti-corruption efforts and
have been widely connected to what may be considered legal that has so far
failed to address.
Public confidence in anti-corruption efforts was
reduced, and felt that there are too much money poisons
our politics, however, nobody wants to
think they've been poisoned by money. Practical
implementation is often than not found wanting by voters to sanction the
malpractices and corruption.
There is growing concern among the
general public about the Sarawak
Chief Minister Tan Sri Abdul Taib Mahmud's son is worth more than RM1 billion.
It suggests that it is time to address
the issue of the
wealth of the Sarawak chief minister’s family ahead of national polls.
It was
reported that Sarawak Chief Minister Tan Sri Abdul Taib Mahmud's son is worth
more than RM1 billion, his former daughter-in-law told a Syariah court when justifying her claims for RM400 million in their divorce
settlement.
Shahnaz
Abdul Majid, who holds an MBA in Finance and was at one time a director of the
family-owned CMSB, was married to Taib’s
son, Datuk Seri Mahmud Abu Bekir Abdul Taib, is demanding RM100 million as mutaah (Islamic
conciliatory payment) following their recent divorce, and a RM300 million share
of joint matrimonial assets.
“He has personal
accounts in Canada, the United States, the Caribbean, France, Monaco,
Switzerland, Luxembourg, Malaysia, Hong Kong and Switzerland,” Shahnaz was
quoted by news portal Malaysiakini as saying today during the Islamic court
proceeding, referring to Taib’s son Mahmud Abu Bekir.
“My claim of RM100
million in mutaah is small as he is worth in excess of RM1 billion. The
RM100 million can be said to be worth 10 sen to him,” she was reported as
adding.
Shahnaz, the sister
of jazz queen Datuk Sheila Majid, was also reported to have said that her
former husband has an estimated RM700 million deposited in 111 banking accounts
worldwide.
She told the court
that Mahmud Abu Bekir had squirreled away US$25 million (RM76.3 million) in two
personal accounts in Luxembourg’s Edmond de Rothschild bank.
Her ex-husband also
has several accounts with the same European bank in Switzerland with deposits
of US$31 million, Shahnaz was reported saying.
Mahmud Abu Bekir also
had several accounts with British banking giant HSBC — two in Jersey with US$34
million in deposits and one in Hong Kong with deposits of US$9.6 million in his
name.
All these accounts
have a combined value of US$100 million in deposits.
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