3 days ago
MACC gets permision to freeze Na'imah's assets worth GB£132 mln in UK
Former finance minister Tun Daim Zainuddin arrives at the Kuala Lumpur Court Complex on Jan 29, 2024. – Malay Mail photo
KUALA LUMPUR (June 3): The High Court here today allowed an application by the Malaysian Anti-Corruption Commission (MACC) to freeze assets worth GBP132 million in London, United Kingdom, allegedly owned by the wife of the late Tun Daim Zainuddin, Toh Puan Na'imah Abdul Khalid and her family.
Judge Datuk Azhar Abdul Hamid allowed the ex parte application by the MACC under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001) for investigation under Section 4(1) of the same law.
The assets comprise two commercial buildings at St Mary Axe and One Crown Court, three luxury residences at Bryanston Square, Bryanston Mews and Lancaster Gate, two residential units at Gloucester Place and a CAF Bank Limited (UK) bank account allegedly belonging to The Ilham Foundation.
Deputy public prosecutor Mahadi Abdul Jumaat, when contacted by reporters, confirmed the matter.
On May 22, MACC Chief Commissioner Tan Sri Azam Baki said eight investigation papers had been opened based on new information received from external agencies regarding the assets owned by Daim, his family and proxies.
According to Azam, the latest information showed that the assets owned by Daim, his family and associates were not declared to the MACC during the investigation in 2023. – Bernama Court freeze MACC Na'imah Khalid
