Zaid Ibrahim quits politics


The former law minister who was promissory note upon contesting in 'any urban seat' supposing he had Pakatan's support will be focusing upon commercial operation instead.
PETALING JAYA: Former minister as well as ex-Kita chief Zaid Ibrahim has quit governing body as well as entered a corporate zone in a bid to "try something else".
"Yes, I am quitting governing body to concentrate upon business. But I will go upon to write, I will go upon to give ideas as well as suggestions upon politics," Zaid told FMT today.
It was usually last Nov which a lawyer-turned-politician had told reporters he would competition in any urban seat in a 13th ubiquitous election, supposing he had opposition bloc Pakatan Rakyat's
backing.
But when asked today either he would go upon to support Pakatan or turn to Barisan Nasional instead, he replied: "I will support whoever does right for a country.
"If we do a right thing, I will support, no make a difference which side we have been from."
Zaid's sudden depart from governing body comes in a arise of his S$ 6.9 million (RM17.15 million) squeeze of 350 million shares from Singapore-based Ipco International.
The Straits Times reported today which Zaid's squeeze will give him a 7% interest in Ipco, which has a diversified portfolio of investments.
Ipco had said which Zaid "is well-connected in Malaysia as well as in a segment as well as a association can leverage his endless connections as well as believe in a oil as well as gas industry in sequence to grow a own oil as well as gas business" a Straits Times reported.
Commenting upon this, Zaid said: "[The investment i! s] just a start, to see how things are. I am trying something else on top of politics, so we'll see how distant it goes."
When asked either he would venture into serve business, a former PKR member chuckled as well as said: "One step at a time."
Zaid was a member of Umno as well as a de facto law minister prior to he was sacked for attending Pakatan events as well as assemblies in 2009.
He assimilated PKR shortly after, though quit a year later, citing loss of confidence in a party's leadership in a handling of a 2010 internal elections.
In 2011 he founded his own party, Kita, though resigned as a chief in November, citing illness reasons.
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