It was set up for the benefit of the people of Terengganu to help develop Malaysia’s 2nd poorest state, but things changed, the Chief Minister got sidelined, the whole thing became¬†federalized, seemingly, and since then its attracted nothing but speculation and massive debt – whats it all about.

One of the richest Malays


Tun Daim Zainuddin looks to all the world to be ‘yesterdays man’. One time a mover and shaker on the corporate scene, a former finance minister under Mahathir his avarice is well known but not much is known of his private wealth.

He owns a bank, and the bank is a public company and the records of his ownership are published, but why then does he not rank on the Forbes list of Rich Malaysians, let alone rich Malays.