Latest news with #Na'imahAbdulKhalid
Barnama
25-06-2025
- Business
- Barnama
Prosecution Seeks Court Order To Restrain Tun Daim's Widow From Handling Assets In Jersey
KUALA LUMPUR, June 25 (Bernama) -- The prosecution today filed an ex-parte application in the High Court here seeking to restrain Toh Puan Na'imah Abdul Khalid, the widow of the late Tun Daim Zainuddin, or her associates, from dealing with offshore assets amounting to USD157.5 million (approximately RM667 million) and GBP85 million located in Jersey, a British Crown dependency. Deputy Public Prosecutor Maziah Mohaide filed the application before High Court Judge Datuk Muhammad Jamil Hussin under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activity Act 2001 (AMLATFPUAA 2001). Maziah said the application was based on investigations under Section 113 of the Income Tax Act and Section 4(1) of AMLATFPUAA. The prosecutor alleged that the assets were acquired by Na'imah or individuals linked to her in Malaysia and were not declared to the Inland Revenue Board (IRB). This was the third application by the prosecution, following earlier efforts involving assets located in the United Kingdom and Singapore. Meanwhile, Na'imah's counsel, Syed Afiq Syed Albakri, applied to intervene in the proceedings and requested that the cause papers be served on her. The court then allowed the lawyer's application to file an intervener application and fixed Aug 22 to hear the intervener application, which will take precedence before the court hears the prosecution's bid. On May 22, MACC Chief Commissioner Tan Sri Azam Baki disclosed that eight investigation papers had been opened based on new information from external agencies regarding assets owned by Tun Daim, his family and proxies. Azam said the latest information indicated that the assets were not declared during the MACC's 2023 investigation.
Malaysiakini
23-06-2025
- Business
- Malaysiakini
Court grants stay on MACC's asset freeze against Daim's widow
The High Court today allowed an application by Daim Zainuddin's widow Na'imah Abdul Khalid for a stay of MACC's ex parte order to freeze assets belonging to her and her family worth £132 million (RM760 million) in London. The assets comprise two commercial buildings located at St Mary Axe and One Crown Court; three luxury residences at Bryanston Square, Bryanston Mews and Lancaster Gate; two residential units in Gloucester Place; and a bank account at CAF Bank Limited (UK), allegedly held under Ilham Foundation.
Malaysiakini
23-06-2025
- Business
- Malaysiakini
Court grants stay on MACC's asset freeze against Daim's widow
The High Court today allowed an application by Daim Zainuddin's widow Na'imah Abdul Khalid for a stay of MACC's ex parte order to freeze assets belonging to her and her family worth £132 million (RM760 million) in London. The assets comprise two commercial buildings located at St Mary Axe and One Crown Court; three luxury residences at Bryanston Square, Bryanston Mews and Lancaster Gate; two residential units in Gloucester Place; and a bank account at CAF Bank Limited (UK), allegedly held under Ilham Foundation.
New Straits Times
04-06-2025
- Health
- New Straits Times
News@9: Today's top headlines - June 4, 2025
Here are today's biggest stories. 'Questions are speculative' Prime Minister Datuk Seri Anwar Ibrahim has failed in his bid to refer constitutional questions to the Federal Court regarding provisions on immunity for a sitting prime minister. Court order challenged Toh Puan Na'imah Abdul Khalid will challenge the ex parte court order obtained by the MACC to freeze her assets, as MACC chief commissioner Tan Sri Azam Baki said the commission had applied for the restraining order to prevent the disposal of the assets. Hot spell continues The heatwave affecting several districts in Malaysia is expected to persist until September, with experts advising the public to stay hydrated and keep cool to avoid heat-related illnesses. Public health threat The National Poison Centre has reported a sharp rise in vape-related poisoning cases, believed to be linked to dangerous synthetic drugs. That's it for News@9.
Malay Mail
03-06-2025
- Business
- Malay Mail
MACC freezes RM758m assets linked to Daim's widow, family in UK
PETALING JAYA, June 3 — The Malaysian Anti-Corruption Commission (MACC) has reportedly obtained a court order to freeze £132 million (RM758.2 million) worth of assets belonging to Toh Puan Na'imah Abdul Khalid, the widow of the late Tun Daim Zainuddin, and her family in the United Kingdom. According to a report in New Straits Times the order was granted by Kuala Lumpur High Court judge Justice Azhar Abdul Hamid in an ex-parte proceeding today. The frozen assets were said to include two commercial buildings valued at £55,200,000, five luxury residences totalling £77,115,000 and a bank account owned by the Ilham Foundation. The order was reportedly issued after the court was satisfied that the assets were linked to suspected offences under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. Malay Mail has reached out to Na'imah's lawyer Rajesh Nagarajan for a response. In January last year, Daim claimed trial to a charge of failing to comply with a notice to declare his assets, which included several luxury vehicles, companies, and properties across Kuala Lumpur, Selangor, Pahang, Negeri Sembilan, Perak, and Kedah. In January 2024, Na'imah, 67, was charged in the Sessions Court with failing to comply with a notice to declare her assets, including Menara Ilham and several other properties in Kuala Lumpur and Penang. After Daim's death on November 13 that same year, the prosecution withdrew the charges and the court granted an order discharging and acquitting him.
