!['I myself was not involved in corrupt practices,' Malaysia's Mahathir says](https://image.cnbcfm.com/api/v1/image/107418965-17164285141716428511-34643127590-1080pnbcnews.jpg?v=1716428513&w=750&h=422&vtcrop=y)
Malaysia’s former high minister Mahathir Mohamad mentioned he and his society individuals weren’t concerned in any “corrupt practices.”
Endmost life, Malaysia’s Anti-Corruption Fee mentioned Mahathir used to be amongst folks being investigated over a corruption probe that concerned his sons, in line with Reuters.
Mahathir’s sons — Mirzan and Mokhzani — had been in January ordered to claim their property as a part of the investigation.
“During my time, there was corruption. But I myself was not involved in corrupt practices,” Mahathir informed CNBC’s “Squawk Box Asia” on Thursday.
“I made sure that even my family cannot be involved in a government business because I might be accused of nepotism.”
Former Top Minister Mahathir Mohamad right through a press convention in Putrajaya, Malaysia on Sept. 3, 2020.
Zahim Mohd | NurPhoto | Getty Photographs
The 98-year-old two-time former premier famous he and his sons would “cooperate fully,” with Malaysia’s anti-corruption company.
“So far, they have only asked my sons to make the declaration of assets. The investigation does not involve demanding that I declare my assets,” Mahathir mentioned, including that he used to be keen to put together a declaration if requested via government since he has “nothing to hide.”
Mahathir’s sons have reportedly mentioned their father used to be the principle goal within the corrupt investigation on whether or not he “abused his position as prime minister.”
Malaysia’s former minister of finance Daim Zainuddin, an best friend of Mahathir, has additionally come below investigation in recent years over monetary dealings, in line with native media.
![Malaysian central bank says it won't use interest rates as a tool to 'somewhat defend the ringgit'](https://image.cnbcfm.com/api/v1/image/107414378-17156587931715658791-34517163078-1080pnbcnews.jpg?v=1715658793&w=750&h=422&vtcrop=y)
Top Minister Anwar Ibrahim has vowed to root out corruption however critics have accused him of concentrated on his former political competitors — accusations he has denied.
The rustic misplaced a staggering 277 billion ringgit ($58.77 billion) to corruption from 2018 to 2023, in line with a up to date executive file in opposition to corruption. It additionally highlighted the political ramifications of corruption had been “undeniably severe.”
Over 80% of Malaysians expressed a “loss of trust and respect” for politicians and nationwide leaders as an immediate repercussion of ongoing corruption problems, the file said.
The insufficiency of significant management, appointment of “dubious characters into key political positions” and insufficiency of political loyalty to implement anti-corruption measures or “punish those who engaged in corrupt practices have undermined the trust and effectiveness of anti-corruption efforts thus far,” it added.