RM100 million is like 10 sen to Taib's son, says ex-wife

The divorce case between Mahmud Abu Bekir and his first wife is raking up more dirt than his dad, the corruption-tainted Sarawak chief minister Taib Mahmud, might like and bolstering speculation that theTaibs were indeed be the richest Malaysians in the world.

Shahnaz Abdul Majid told an Islamic court on Tuesday that Bekir was worth more than RM1 billion. She is demanding RM100 million as mutaah(Islamic conciliatory payment) following their recent divorce, and a RM300 million share of joint matrimonial assets.

“He has personal accounts in Canada, the United States, the Caribbean, France, Monaco, Switzerland, Luxembourg, Malaysia, Hong Kong and Switzerland,” Shahnaz was quoted by news portal Malaysiakini as saying.

“My claim of RM100 million in mutaah is small as he is worth in excess of RM1 billion. The RM100 million can be said to be worth 10 sen to him.:

Richest family

The couple, who had a teenage son together, finalised their divorce last May after a long-drawn court battle. Shahnaz is also the sister of jazz queen Sheila Majid.  She has previously been reported to have said that Bekir had an estimated RM700 million deposited in 111 banking accounts around the world.

Shahnaz's revelation follows hot on the heels of last week's report by Swiss NGO Bruno Manser Fund (BMF), which estimated Taib's wealth at a staggering USD15 billion.

If true, that makes Taib Malaysia’s richest man, with assets topping those of the ‘sugar king’ Robert Kuok, who currently leads the Forbes Rich List for Malaysia with a mere USD12 billion.

Malaysia Chronicle