00:00Former Minister of Finance, Daim Zainuddin, was reported to have passed away this morning
00:07when he received treatment at the Asunta Hospital at the age of 86.
00:13Daim's lawyer, Gurdial Singh Nijjar, confirmed his departure when contacted by FMT.
00:20Daim served as Minister of Finance twice.
00:24First, from 1984 to 1991, under the former administration of Prime Minister Dr Mahathir Mohamad,
00:32where he played an important role in managing the Malaysian economy and implementing structural amendments.
00:40He then returned for a second term from 1999 to 2001,
00:47once again under Mahathir to handle economic issues following the Asian financial crisis.
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