Indonesian Political, Business & Finance News

Mahathir denies aide's plan to quit

Mahathir denies aide's plan to quit

KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad has denied that his top economic adviser Daim Zainuddin plans to quit and attacked inaccurate news reports, local newspapers said yesterday.

Mahathir said Daim was neither seeking to resign as Economic Adviser to the Government nor as treasurer for the ruling United Malays National Organization (UMNO).

"He himself said that it was not true. The question of him wanting to resign as Economic Advisor to the Government does not arise," Mahathir was quoted as saying in northwestern Langkawi island by the New Straits Times daily.

The daily, as well as its main competitor the Star, had reported in their Wednesday editions that Daim said he was looking to resign all political posts to concentrate on private sector businesses.

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