Thursday 18 January 2024

Wow! Dr M’s 4 children are born business geniuses

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Wow! Dr M’s 4 children are born business geniuses

KUALA LUMPUR, Jan 19, 2024: The four own a total of 591 companies and total assets worth US$60 billion (RM283 billion).

And, all four are the racist Dr Mahathir Mohamad’s children - three sons and a daughter.

No other billionaire or even trillionaire in the world have such business-genius children who are similarly successful financially.

The breakdown:

> MOKHZANI owns 255 companies, with estimated total assets worth US$21 billion;

> MIRZAN owns 156 companies, with estimated total assets worth US$17 billion;

> MUKHRIZ owns 128 companies, with estimated total assets worth US$13 billion; and

> MARINA owns 52 companies, with estimated total assets worth US$9 billion.

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What more need we say about the facts?

No News Is Bad News reproduces below a posting on the wealth of Dr M’s family:

 

窗体底端

The Coverage/News/MACC Orders Mirzan Mahathir To Declare Assets Worth USD 17 Billion Within 30 Days

NEWS

MACC Orders Mirzan Mahathir To Declare Assets Worth USD 17 Billion Within 30 Days

18 January, 2024

The Malaysian Anti-Corruption Commission (MACC) has confirmed that it summoned businessman Mirzan Mahathir to its headquarters in Putrajaya yesterday to be served a notice of asset declaration.

In a statement, MACC said it served Mirzan the notice under Section 36(1)(b) of the MACC Act 2009, which requires him to declare all the movable and immovable assets in his possession within 30 days.

Mirzan is the eldest son of former prime minister Dr Mahathir Mohamad.

“This asset declaration notice is a continuation of MACC’s investigation into information from the Panama Papers report and his (Mirzan’s) business activities involving the sale and purchase of government-linked companies (GLCs),” MACC said.

“MACC initiated the investigation in August 2022 as part of its probe into all entities mentioned in the Pandora Papers and Panama Papers reports.

“MACC is examining financial documents and the ownership of assets by the entities listed in the reports.”

It said 10 witnesses have had their statements recorded, with the investigation still “actively ongoing”.

MACC did not state whether the 10 witnesses or the investigation was specific to Mirzan or all the Malaysians mentioned in the Pandora Papers and Panama Papers.

The Pandora Papers and the Panama Papers refer to thousands of documents leaked to the International Consortium of Investigative Journalists (ICIJ) which revealed details of bank accounts and offshore assets of political figures and other notable personalities.

Last week, MACC quizzed former finance minister Daim Zainuddin’s wife, Naimah Khalid, and their two sons on assets belonging to the family as part of its probe.

MACC said its investigation into Daim began in February 2023 and was based on information from the Pandora Papers leak.

Daim and his family have filed an application in court for a judicial review to challenge the investigation, which they claim is unconstitutional.

Source : FMT

The Rakyat needs no reminder that Dr. Mahathir and his children, are all multi-millionaires and billionaires themselves. When asked on this matter, Dr. Mahathir had often hit back at critics by saying that his children’s success “is due to their own hard work and nothing to do with him helming the government for two decades”. The two-time Prime Minister had also explained that his children were not rich when he was in power.

If that’s the case, Dr. Mahathir’s family must have been “extra hardworking” as the net worth of Marina, Mirzan, Mukhriz and Mokhzani easily surpasses the GDP of at least 120 countries. By all means, it does seem like Mokhzani was referring to his own family as “champions”, by the virtue of their immense and unnatural wealth.

To be more specific:

1.     Mokhzani owns 255 companies, with estimated total assets worth USD21 billion;

2.     Mirzan owns 156 companies, with estimated total assets worth USD17 billion;

3.     Mukhriz owns 128 companies, with estimated total assets worth USD13 billion; and

4.     Marina owns 52 companies, with estimated total assets worth USD9 billion.

It is no wonder that Mahathir is always defensive about his children’s work ethics. After all, Mahathir’s children have not only “worked hard” to deserve their billions, but they have also cemented themselves as among the richest Malays on Earth. With Mahathir’s political influence on the side, it is not an exaggeration to say that Mahathir is building a dynasty that would cement their “untouchable” status for generations to come.

Source : The Real Tamring Ghaafar Baba

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