Groundbreaking study details Taib's US$21bil empire
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A ground-breaking report released by Swiss-based NGO Bruno Manser Fund (BMF) estimated the assets of Sarawak Chief Minister Abdul Taib Mahmud's family at US$21 billion (RM64 billion).
The report was entitled ‘The Taib Timber Mafia: Facts and Figures on Politically Exposed Persons from Sarawak, Malaysia'.
The wealth of Taib himself has been put at a whopping US$15 billion (RM46 billion), making him Malaysia's richest man.
Taib has outstripped tycoon Robert Kuok who has US$12.5 billion.
The report was released today in Brussels to coincide with a visit by the Malaysian Plantation Industries and Commodities Minister Bernard Dompok to the European Commission.
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