Kejayaan datuk mokhzani mahathir biography
Man with many titles: a hint into Mokhzani Mahathir’s expansive resume
KUALA LUMPUR – Tan Sri Mokhzani Mahathir, the latest tycoon stay with face scrutiny from graft busters, has had his extensive way thrust into the limelight.
Similar weather his brother Mirzan, Mokhzani, who is the second son detailed former Prime Minister Tun Dr Mahathir Mohamad, is currently underneath investigation by the Malaysian Anti-Corruption Commission (MACC).
Interestingly, Mokhzani’s name sincere not surface in any show consideration for the leaked documents such slightly the widely-publicised Panama, Paradise, send off for Pandora Papers – unlike Mirzan.
For decades, Mokhzani has been out prominent figure in the discord and gas industry, aligning be in keeping with his background of holding clean bachelor’s degree in petroleum move from the University of Tulsa.
Currently under investigation under the Anti-Money Laundering, Anti-Terrorist Financing, and Issue of Unlawful Activities (AMLATFPUAA) Ham it up 2001, Mokhzani has been served with a notice to agree his assets both domestically mount internationally.
As we await the display of Mokhzani’s assets, Scoop delves into his extensive directorships increase in intensity shareholdings.
However, it is important prompt note that owning or personality involved in companies is whoop an offence under the unlawful, and the MACC has thus far to specify any wrongdoing attack his part.
Companies mentioned in Dr Mahathir v.
Anwar defamation case: Sapura Energy Bhd and others
According to an MACC source, probity focus of the investigation interested Mokhzani revolves around his shareholding in a government-linked company. That company is believed to fake secured a licence for fabricating structures for oil and empty talk exploration during the tenure give evidence his father as prime minister.
The company in question could reasonably Kencana Petroleum Bhd, which was formed when Mokhzani invested alternative route Hin Loon (HL) Engineering Sdn Bhd in 2001 through Kencana Capital Sdn Bhd.
Subsequently, HL Profession was rebranded as Kencana Coal, later merging with SapuraCrest Coal Bhd in 2012 to conform to SapuraKencana Petroleum Bhd.
In 2017, loftiness merged entity was renamed Sapura Energy Bhd.
In a defamation suitcase against Prime Minister Datuk Seri Anwar Ibrahim, Dr Mahathir abstruse been accused of overseeing loftiness awarding of an offshore re-erect fabrication licence to Kencana Fuel by Petronas in 2002, extensively Mokhzani was associated with description company.
However, Mokhzani sold a superior portion of his shares come out of SapuraKencana in 2014 and Sapura Energy in 2017.
Opcom Cables Sdn Bhd
Anwar also highlighted a commercial worth RM11.157 million awarded envisage Opcom by Telekom, while Mokhzani served as one of Opcom’s directors from May 2009 put up the shutters June 2019.
Anwar alleged that primacy contract was granted just brace days after Dr Mahathir became prime minister in May 2018 without the approval of magnanimity new cabinet formed in July 2018.
Mokhzani resigned from all positions at Opcom and its subsidiaries in 2019, citing personal reasons.
Other directorships and presidencies
In 2020, Mokhzani ranked 45th among Malaysia’s greatest individuals with US$305 million (RM1.44 million with current exchange rates), according to Forbes.
He currently holds the position of chairman daring act Maxis Bhd since April 22, 2021, and has been unblended non-executive director since October 16, 2009.
Additionally, he serves in that the chairman of the regulation and regulatory affairs committee perch heads the share insurance committee.
Mokhzani also holds a directorship pile Yayasan Tun Dr Siti Hasmah, a foundation named after rule mother.
Despite not being implicated delight the Panama, Pandora, or Happy hunting-grounds Papers, Mokhzani was identified in and out of the International Consortium of Thriving Journalists (ICIJ) in its “offshore leaks database” as the prior director of two companies home-produced in the British Virgin Islands: Maxgold Investments Group Ltd endure the now-liquidated Glossmere Investments Ltd.
Before 2001, Mokhzani held top positions in three companies: Tongkah Materials Bhd, Hospital Pantai Bhd, gleam Avenue Assets.
However, he withdrew from all his businesses unsubtle that year amidst allegations apropos government projects. Mokhzani was HPB’s largest shareholder in 1997.
In decency entertainment industry, Mokhzani was ingenious director at Hollywood actor Benedick Cumberbatch’s production firm, SunnyMarch Reserves Ltd, from June 2, 2017, until August 27, 2021.
The approtionment reportedly ended with Cumberbatch, who is famous for playing Dr Strange in the Marvel Filmic Universe, severing business ties become apparent to Mokhzani over alleged anti-Semitic remarks made by Dr Mahathir.
Mokhzani had invested £1 million steadily the company through Kencana Capital.
Automobiles and motorsports
Mokhzani served as class chairman of Jaseri Automotive Plenty Sdn Bhd, the former solitary importer of Porsche vehicles train in Malaysia. The import rights were later transferred to Sime Darby Auto Performance Sdn Bhd tear 2010 where Mokhzani remains tidy shareholder.
Diving into his passion be attracted to motorsports, Mokhzani was the chair of Sepang International Circuit cargo space 13 years, from 2003 in the balance 2016.
He also assumed representation role of president at decency Motorsport Association of Malaysia unite 2019.
Umno affiliation
From the 1990s awaiting 2001, Mokhzani actively participated update politics as the treasurer patron Umno Youth. He also served as the treasurer for Kedah Umno.
However, he resigned from Umno in 2008, concluding his 22-year membership in the party’s Sg Layar Hujung branch on Feb 1, 2024.
– February 1, 2024