Latest news with #Anti-MoneyLaunderingAct2001
New Straits Times
03-06-2025
- Business
- New Straits Times
News@9: Today's top headlines - June 3, 2025
Here are today's biggest stories. Assets frozen MACC has obtained a court order to freeze more than RM750 million in assets belonging to Toh Puan Na'imah Abdul Khalid in London, potentially linked to offences under the Anti-Money Laundering Act 2001. The Petroleum Dealers Association of Malaysia has called for the postponement of the RON95 subsidy rationalisation until two critical issues are resolved. Journalists should serve as a bridge to help the public understand the ethical implications and appropriateness of using emerging technologies, particularly artificial intelligence. The MCMC will work closely with Datuk Seri Azalina Othman Said on a proposal to make it mandatory for parents to monitor their children's online activities. That's it for News@9.
![[UPDATED] Daim's family condemns MACC's 'vindictive' call to seize assets](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2FTun_Puan_Na%25E2%2580%2599imah_230525_1747971023.jpg&w=3840&q=100)
New Straits Times
23-05-2025
- Politics
- New Straits Times
[UPDATED] Daim's family condemns MACC's 'vindictive' call to seize assets
KUALA LUMPUR: The family of the late Tun Daim Zainuddin has strongly criticised Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki for what they claim is a politically charged and legally unsound call to seize the former finance minister's alleged undeclared assets. Lawyer Rajesh Nagarajan, who appeared for Daim's widow Tun Puan Na'imah Abdul Khalid and family, condemned Azam's remarks as "absurd, untenable and vindictive." "Why the MACC chief is making press statements instead of applying to the court is difficult to understand. "To suggest Daim's assets be seized is an absurd, untenable and vindictive suggestion as Daim has died and no charges are pending against him. "On what basis can his assets, now administered by his estate, be seized? "Did the MACC seek and receive legal advice before saying this?" he said in a statement today. The lawyer also questioned whether Azam had consulted the Attorney-General before making the statement, saying it "beggars' belief" that the MACC would act without sound legal advice. He said that the forfeiture of assets is only permitted when a 'serious offence', as defined in the Second Schedule of the Anti-Money Laundering Act 2001, has been proven in court and is supported by a court order. "No such charge has ever been brought against Daim, except for the technical offence of non-declaration of assets, which is not a 'serious offence.' "Forfeiture certainly cannot be done over this newest claim of alleged non-declaration of assets, made by Azam yesterday. "In other words, property of citizens cannot be simply forfeited because the MACC or the government claims to have suspicions about the source or origin of the assets. If that is the case, no one's property will be safe," he said, adding that the endless campaign of slander, harassment and intimidation directed towards Daim's widow and family is disgraceful, high-handed and must stop. It was reported that Azam said eight new investigation papers have been opened in the probe into the ownership of the properties, which are worth more than RM2 billion. Azam said they were working towards forfeiting ownership of properties belonging to the former finance minister and his family, worth in excess of RM2 billion. He said the commission had been conducting a probe into Daim since February 2023 and had opened several investigation papers, including the latest ones initiated recently. Daim died Daim died on Nov 12, last year, at the age of 86. Following Daim's passing, the Kuala Lumpur Sessions Court discharged and acquitted him of charges related to failing to comply with a notice under Section 254 of the Criminal Procedure Code (CPC).
Malaysiakini
17-05-2025
- Politics
- Malaysiakini
PAS urges probe into PKR division chief's alleged 'dirty money' video
PAS has called on the police and MACC to investigate a video circulating widely on social media that appears to show a PKR division chief discussing financial contributions from a prominent businessperson. PAS information chief Ahmad Fadhli Shaari emphasised that this is not merely an internal disciplinary issue for PKR but potentially a violation of national laws, particularly Section 4(1) of the Anti-Money Laundering Act 2001. 'Therefore, I urge...
Malaysiakini
17-05-2025
- Politics
- Malaysiakini
PAS urges probe into PKR division chief's alleged 'dirty money' video
PAS has called on the police and MACC to investigate a video circulating widely on social media that appears to show a PKR division chief discussing financial contributions from a prominent businessperson. PAS information chief Ahmad Fadhli Shaari emphasised that this is not merely an internal disciplinary issue for PKR but potentially a violation of national laws, particularly Section 4(1) of the Anti-Money Laundering Act 2001. 'Therefore, I urge...
Yahoo
17-03-2025
- Politics
- Yahoo
Ismail Sabri back at MACC to start another day of questioning
PUTRAJAYA, March 17 — Ex-prime minister Datuk Seri Ismail Sabri Yaakob has returned to the Malaysian Anti-Corruption Commission (MACC) headquarters here to continue his questioning over a case involving RM177 million in seized assets. He arrived close to 10am to start his fourth day of questioning. A MACC source previously said Ismail is being made to verify hundreds of documents including asset declarations, procurement records, and approval documents linked to his time in the government. The case centres on cash and gold bars worth RM177 million, which were confiscated from Ismail Sabri's former aides in several locations here. Ismail Sabri is a suspect in the case, which falls under the MACC Act 2009 and the Anti-Money Laundering Act 2001, with investigators examining potential links between the seized assets and government expenditure. Ismail is the third former prime minister investigated for corruption after leaving office, with Datuk Seri Najib Razak and Tan Sri Muhyiddin Yassin being predecessors.
