Within days of winning the general election, Tun Dr Mahathir Mohamad unveiled a Council of Eminent Persons to advise the new government on economic and financial matters. The five-man team - comprising seasoned hands in the private and public sector with an average age of 75 years - is headed by Dr Mahathir's trusted adviser and shrewd businessman, Tun Daim Zainuddin.
The council has advised on scrapping the goods and services tax, reviewing mega projects, investigating troubled state fund 1MDB and restructuring government-linked companies (GLCs).
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