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Asiaweek: 'We Are Not At War' - Mahathir - Daim By Assif Shameen 23/6/2001 9:45 am Sat |
[Jika Ku Li tewas di luar dan Anwar tertewas di dalam, tidak
mungkin Daim akan menang jika membantah baik dari luar mahupun dalam.
Hanya Anwar yang seperti menang di luar - itupun kerana rakyat berdiri
dibelakangnya. Siapa yang mahu berdiri di belakang Daim? Wang sudah
sukar kerana Mahathir baru sahaja mempromosi kempen anti politik wang.
Tiada jalan keluar untuk Daim melainkan berpura-pura dan diam sahaja.
- Editor] Rumors of Daim Zainuddin's arrest set Malaysia abuzz. But you don't jail
your co-architect. You just sack him and rebuild the house
By ASSIF SHAMEEN Kuala Lumpur Indeed, the dissolution of a two-decade partnership was never about
two generals facing off for command of their army. It was more about
two architects - one political, one financial - who disagreed about
renovating their comfortable house. Mahathir designed the interior,
chose the furniture and threw out servants who crossed him. Daim
ensured the bills were paid and there was plenty in the kitty for upkeep.
But Mahathir seems to have decided that Daim's contributions were
drawing too much heat. "Daim had become a liability," says Lim Kit
Siang, leader of the opposition Democratic Action Party. "He had to
go." Twelve years younger than the 75-year-old Mahathir, Daim hails from
the same village in Kedah state, Seberang Perak. He made his first
millions in real estate in the 1970s and moved into banking in 1981. That
same year, Mahathir won the premiership and put Daim in charge of the
Fleet Group, UMNO's business arm. "Once he became financial czar, you
could never tell where UMNO companies ended and Daim companies
began," says Lim. When Daim became finance minister the first time in
1984, he drew heavy criticism for holding majority control of a major
bank until he sold out in 1986. Also, under Malaysia's New Economic
Policy, it was Daim's job to nurture ethnic Malay entrepreneurs. Rightly
or wrongly, he was called the mentor of some of the highest fliers. As
their business empires grew, so did Daim's legend. "He was a role model
for every aspiring politician," says a former UMNO insider.
But some of those highfliers may have been Daim's downfall. As
Malaysia's economy struggled in recent years, their businesses sputtered
and their debts ballooned. While Daim and Mahathir did have
disagreements over policy, like what to do with the ringgit peg, the final
straw seems to have been the government's purchase of shares in
Malaysia Airlines at double the market price, and the bailout of a failed
telecom share offer using public pension funds. Both deals came under
Daim's purview as finance minister, and both provoked huge public
outcries. Daim did not attend the UMNO general assembly. He apologized, saying
he would be out of the country. Cool heads in the Malaysian political
cauldron say both he and Mahathir have too much to lose to take
matters further. There will be no arrest, no trial, no tit-for-tat. "Daim is
not by nature a fighter," says Chandra Muzaffar, an academic, now
deputy president of the opposition Keadilan party. "Out of office, he will
do what he is told." Often it takes a crisis to reveal flaws in the system,
Daim once mused. Mahathir may have decided Daim is the flaw.
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