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The story behind Anwar’s alleged ‘master accounts’ with RM3 billion
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The story behind Anwar’s alleged ‘master accounts’ with RM3 billion

With Mirzan facing the music, Mahathir replays an old tune from an ex-Bank Negara official.

Jan 24, 2024
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The story behind Anwar’s alleged ‘master accounts’ with RM3 billion
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You’re reading a 🔏 paid version 🔏 of The Malaysianist, the newsletter on business and politics by journalist Emmanuel Samarathisa. Made in Malaysia. Every Saturday and Wednesday, 8AM MYT.

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The Kuala Lumpur cityscape in 1998. /Photo credit: Wikimedia Commons

Former prime minister Mahathir Mohamad took to the press on Monday to decry investigations against his son, Mirzan. As he rambled on, in defence of his grown-up children who have yet to defend themselves against allegations of nepotism, the nonagenarian highlighted a certain statutory declaration (SD) by a former assistant central bank governor that sent shockwaves in the late ’90s.

First, a timeline of the events that led to the sacking and imprisonment of former deputy prime minister and finance minister Anwar Ibrahim:

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