How Daim, M'sia's uber-rich use S'pore to store money offshore

PANDORA PAPERS | When most boys boast ownership of gadgets and toys, Daim Zainudddin's youngest sons became owners of a British Virgin Islands (BVI) firm by the ages of nine and 12.

Muhammed Amir Zainuddin Daim and Muhammed Amin Zainuddin Daim, born in 1995 and 1998 respectively, became shareholders of Newton Invest & Finance Limited (BVI) in 2007, which held properties in London worth GBP10 million at the time.

According to documents obtained by the International Consortium of Investigative Journalists (ICIJ) and sighted by Malaysiakini...

Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Unlocking Article
Unlocking Article
View Comments