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Wednesday, September 26, 2018

Richer than Brunei's Sultan.

Dr Mahathir Mohamad, former PM is richer than Brunei's SultanRicher.

 

 Mahathir is the richest man off the record in the world.

Maybe you have read this before. Just in case you have forgotten about it just before the elections....

Malaysia has squandered an estimated RM100 billion on financial scandals under the 22-year rule of Dr Mahathir Mohamad, according to a book about the former prime minister.

According to Barry Wain, author of the ‘Malaysian Maverick: Mahathir Mohamad in Turbulent Times’, direct financial losses amounted to about RM50 billion.

This doubled once the invisible costs, such as unrecorded write-offs, were taken into account. The RM100 billion total loss was equivalent to US$40 billion at then prevailing exchange rates.



Barry, who is a former editor of the Asian Wall Street Journal, says most of the scams, which included a

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