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‘My assets are not worth billions’

KUALA LUMPUR: Sarawak tycoon Datuk Seri Mahmud Abu Bekir Taib denied that he has assets worth billions as claimed by his former wife Shahnaz A. Majid, a Syariah High Court here heard.

Mahmud, 51, said the details on his alleged assets were created by a jailed Canadian ex-policeman, Cullen Johnson.

Mahmud said upon Johnson’s resignation as a policeman, he became an investigator and based on a report by Canadian Broadcast Corporation, Johnson and his wife Elaine White offered asset tracing services to plaintiffs in divorce cases in the United States and Canada.

When his counsel Datuk Zainul Rijal Abu Bakar asked …
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