MACC seeks to forfeit over RM169m in cash belonging to Ismail Sabri
MACC, represented by the deputy public prosecutor as the applicant, filed the application at the Kuala Lumpur Sessions Court naming Ismail Sabri's former political secretary Anuar Yunus and the former premier himself as first and second respondents.
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The Star
a day ago
- The Star
MACC pursues foreign assets linked to Daim
PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) is seeking to seize and forfeit overseas assets worth RM3bil belonging to the late Tun Daim Zainuddin and his family. The MACC said its Special Operations Division had uncovered offshore assets allegedly linked to the former finance minister, his wife Toh Puan Na'imah Khalid, their family members, and close associates. These high-value assets are located in the United Kingdom, the United States, Switzerland, Singapore, the British Virgin Islands, the Cayman Islands, Jersey, Italy, Japan, Indonesia, and several countries in Africa. The findings stem from the MACC's investigation in collaboration with the United Kingdom's National Crime Agency and the International Anti-Corruption Coordination Centre (IACCC). On June 3, the MACC obtained a restraining order from the Kuala Lumpur High Court under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 for seven assets in the United Kingdom worth RM758mil. It said a Mutual Legal Assistance (MLA) application is being processed with UK authorities via the Attorney General's Chambers (AGC). Further discussions are also ongoing with the IACCC to ensure effective and proper enforcement action. Applications for restraining orders have also been filed against assets in Singapore and Jersey. The hearings for these applications, covering four bank accounts and investments worth RM1.15bil in Jersey, and 12 bank accounts and investments worth RM540mil in Singapore, were held at the Kuala Lumpur High Court on June 23 and 25. 'In addition, requests for further information regarding assets in the United States, Switzerland, the British Virgin Islands, the Cayman Islands, Italy, and Japan are being made through cooperation with Bank Negara, the IACCC, and MLA applications via the AGC. This is to facilitate legal and comprehensive action for asset seizure and forfeiture,' the commission said yesterday. Domestically, the MACC seized Ilham Tower on June 5 and filed a forfeiture application at the Kuala Lumpur High Court on June 25 for the property located at Jalan Binjai, Kuala Lumpur. The MACC also recorded statements from Na'imah and her son, Muhammed Amir Zainuddin Daim, on June 14 in relation to undeclared extraordinary assets. A statement from the couple's second son, Muhammed Amin Zainuddin Daim, currently in the United Kingdom, was also taken. All three are main shareholders of Ilham Baru Sdn Bhd, which is the majority shareholder of Ilham Tower Sdn Bhd and the beneficial owner of Ilham Tower. 'In line with Section 36(1) of the MACC Act 2009, Asset Declaration Notices were served on July 10 to 22 individuals identified as relatives and close associates of the late Tun Daim and Na'imah. This is for the purpose of identifying and confirming ownership of the assets,' the MACC said. It emphasised that the action taken is part of its duty to ensure there is no element of corruption, embezzlement, or abuse of power in the management of the nation's wealth. 'The MACC remains committed to conducting its investigation independently, transparently, and in accordance with the law, without interference or political influence,' it added.
Free Malaysia Today
2 days ago
- Free Malaysia Today
Aug 12 ruling on Naimah's constitutional reference appeal
Naimah Khalid is charged with failing to declare her ownership of companies, several plots of land, and two vehicles. (Bernama pic) KUALA LUMPUR : The High Court has set Aug 12 to deliver its decision on Naimah Khalid's appeal against a lower court's refusal to refer constitutional questions concerning the validity of her asset declaration charge to the Federal Court. Justice K Muniandy set the date after hearing submissions from deputy public prosecutor Law Chin How and Naimah's lawyer, Gurdial Singh Nijar. Naimah, the widow of the late Daim Zainuddin, claimed trial in the sessions court last year to a charge of failing to comply with the terms of an asset declaration notice issued by the Malaysian Anti-Corruption Commission (MACC). She was charged under Section 36(2) of the MACC Act 2009 with failing to declare her ownership of companies, several plots of land here and in Penang, and two vehicles. In her reference application, she claimed that Section 30(5) of the Act violated her rights against self-incrimination and to a fair trial. Section 30(5) provides that all persons to whom a notice is issued shall be legally bound to truthfully disclose all information within their knowledge, available to them or capable of being obtained by them. The sessions court dismissed her application earlier this year. Earlier today, Law told the court that Section 30(5) was legally sound, arguing that the provision was designed to compel individuals assisting in graft-related investigations to 'tell the truth'. He added that Naimah – who was summoned as a witness in a probe against Daim – had no right 'to remain silent' in the course of MACC investigations.
Free Malaysia Today
2 days ago
- Free Malaysia Today
Daim's assets overseas valued at over RM3bil, says MACC
MACC said the overseas assets are found in more than 10 countries, including the UK, Switzerland, Indonesia, and several African countries. PETALING JAYA : High-value overseas assets linked to the late Daim Zainuddin, his family, and their proxies are estimated to exceed RM3 billion, the Malaysian Anti-Corruption Commission said today. MACC said the assets are found in more than 10 countries, including the US, the UK, Switzerland, Singapore, Italy, Japan, Indonesia, and several African countries. They are also found in the British Virgin Islands and the Cayman Islands, both British territories, as well as Jersey, a British crown dependency. MACC said it made the discovery with the help of the UK's National Crime Agency and the International Anti-Corruption Coordination Centre (IACCC). 'Requests for more information on assets located in countries such as the US, Switzerland, British Virgin Islands, Cayman Islands, Italy and Japan are under way. 'These efforts are being coordinated with Bank Negara Malaysia, the IACCC, and mutual legal assistance applications through the Attorney-General's Chambers to enable legal and comprehensive enforcement measures,' it said in a statement. MACC said it had filed applications for restraining orders against assets in Singapore and Jersey at the Kuala Lumpur High Court on June 19, with hearings having taken place on June 23-25. These applications involve four accounts valued at RM1.15 billion in Jersey, and 12 accounts in Singapore keeping a total of RM540 million. On June 3, MACC froze seven properties and a bank account in London believed to be worth 132 million pounds (RM758.2 million), reportedly linked to Daim's widow, Naimah Khalid, and her family. The assets in question comprise two commercial buildings at St Mary Axe and One Crown Court, and three luxury residences at Bryanston Square, Bryanston Mews, and Lancaster Gate. The other assets include two residences at Gloucester Place, and a CAF Bank Ltd (UK) account held by The Ilham Foundation. MACC had also filed an application in the High Court to forfeit Ilham Tower, a 60-storey tower in Kuala Lumpur linked to Daim. The anti-graft agency said today it had recorded statements from Naimah and her son, Amir Zainuddin, on June 14 concerning undisclosed extraordinary assets. 'A statement will also be recorded from her second son, Amin Zainuddin, who is currently in the UK. 'All three are major shareholders in Ilham Baru Sdn Bhd, the company that holds majority shares in Ilham Tower Sdn Bhd, and has been identified as the beneficial owner of Ilham Tower,' it said. MACC said it issued notices for asset declaration yesterday to 22 individuals identified as close relatives and associates of Daim and Naimah for purposes of tracing and verifying asset ownership.
