'Finance Minister, Daim Zainuddin’s explanation on the circumstances in which his family companies required first 41 per cent of UMBC shares in 1984 and then increased the stake to 51% in 1985, failed to convince Malaysians that there has been no conflict of interest between his official position and this family’s private interest ...
In various meetings with government company directors and officials, Daim Zainuddin has stressed the importance of public integrity. As Finance Minister, Daim Zainuddin should set the example whereby he is prepared to allow his own private transactions, or that of his family, to be publicity scrutinized to ensure that there is no room for my suspicion that there is my conflict of interest ...
As Daim Zainuddin has given a most unsatisfactory explanation about the acquisition of UMBC shares by his family concerns, Daim Zainuddin is duty-bound to submit himself to a parliamentary inquiry committee or a Royal Commission of Inquiry to investigate fully into the various UMBC transactions.'
- Lim Kit Siang (Press Statement dated 22 September 1986)
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orang tua mudah lupa lah |
P.S. Even if we need the Council of Elders, do you think that Daim should be appointed as a council member? Is this the kind of change you expected, fellow Malaysians?


