Latest news with #Naimah
Daily Express
6 days ago
- Business
- Daily Express
Naimah to challenge MACC's freezing order on overseas assets
Published on: Wednesday, June 04, 2025 Published on: Wed, Jun 04, 2025 By: FMT Reporters Text Size: MACC obtained a court order to freeze £132 million or RM758.2 million worth of assets in London belonging to Naimah Khalid and her family. (Bernama pic) PETALING JAYA: Naimah Khalid, the widow of former finance minister Daim Zainuddin, will challenge the court order obtained by the Malaysian Anti-Corruption Commission (MACC) to freeze RM758 million worth of assets abroad linked to her and her family. Naimah claimed that the assets were lawfully acquired and that her lawyers would immediately move to set aside the freezing order, which was granted ex parte. 'I will challenge this order to defend what should never be taken from any of us: our rights, our voice, and a country governed by law, not by fear. 'Let there be no doubt that I will fight this politically motivated, reckless, vindictive and lawless action, through all legal means at my disposal,' she said in a statement today. She argued that no reasonable person would say the order was in accordance with fairness or the rules of natural justice, accusing MACC of obtaining it by ambush. The Kuala Lumpur High Court reportedly granted MACC's application to freeze £132 million (RM758.2 million) worth of assets in London belonging to Naimah and her family. The assets include two commercial buildings, five luxury residences, and one bank account, Utusan Malaysia reported. Naimah alleged that the move was part of a 'long and continuous smear campaign' against her family by Prime Minister Anwar Ibrahim and MACC chief commissioner Azam Baki since late 2022. 'No crime of any kind has ever been proven against Daim. No charges were brought in his lifetime, and none after his death,' she said, adding that the Anti-Money Laundering Act cited by MACC required a serious offence to be proven first. She warned that failure to push back against such actions would embolden those in power to act with impunity. 'A line has been crossed. And if we do not resist, there may soon be no lines left at all. Then no Malaysian will be safe from the reach of unchecked power,' she said. Daim was charged in January last year with failing to declare assets to MACC, including interests in 38 companies, 19 land plots in five states, six properties, two unit trust accounts and seven luxury vehicles. MACC said he had asked for five deadline extensions but still failed to comply. After Daim's death on Nov 13 last year, the prosecution withdrew the charges, and the court granted an order discharging and acquitting him. Naimah also faces an asset declaration charge. She is accused of failing to declare her ownership in various companies, several plots of land here and in Penang, and two vehicles. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
6 days ago
- Business
- The Star
Tun Daim's widow to contest asset freeze order
PETALING JAYA: Tun Daim Zainuddin's widow Toh Puan Na'imah Abdul Khalid plans to challenge the order to freeze Daim's overseas assets by the Malaysian Anti-Corruption Commission (MACC) through the Kuala Lumpur High Court. "I will challenge this order to defend what should never be taken from any of us: our rights, our voice, and a country governed by law, not by fear. "I was not notified of the asset seizure by MACC, which is a shocking infringement of the most basic legal norms. It is unacceptable that this is happening in Malaysia," she said. Naimah added that she only became aware of the order through media reports and added that the government's seizure of property without notifying the legal owner sets a dangerous precedent. She then accused the MACC of obtaining the ex-parte order secretly behind closed doors, saying in a statement on Wednesday (June 4) that she was never given a chance to speak and adding that she should have been allowed to in court. Naimah then said that this action is being taken despite no crime being proven against Daim. "The law under which the MACC is acting, the Anti-Money Laundering Act (AMLA), requires such orders only be granted where there is a 'serious offence' as defined under the Second Schedule. "No such offence or charge has ever been proven or brought against me or Daim, neither during his lifetime nor after his death," Na'imah added. On Tuesday (June 3), the High Court approved the MACC application to freeze assets worth UK£132mil (RM759mil) in London, United Kingdom allegedly owned by Na'imah and her family. Judge Datuk Azhar Abdul Hamid granted the ex-parte (unilateral) 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 act. The assets include two commercial buildings at St Mary Axe and One Crown Court, three luxury residences in Bryanston Square, Bryanston Mews, and Lancaster Gate, two residential units at Gloucester Place, and a bank account at CAF Bank Ltd (UK) allegedly owned by The Ilham Foundation.
Free Malaysia Today
22-04-2025
- Business
- Free Malaysia Today
Naimah granted leave to challenge LHDN's RM313.8mil tax claim
Last October, the Shah Alam High Court dismissed Naimah Khalid's application for a temporary stay of the order requiring her to settle RM313.82 million in income tax arrears to the LHDN. (Bernama pic) SHAH ALAM : The High Court here has granted leave to Naimah Khalid, the widow of former finance minister Daim Zainuddin, to commence judicial review proceedings to challenge the Inland Revenue Board's (IRB) tax claim of RM313.8 million. Her counsel S Saravana Kumar said the court was satisfied that his client's application for leave had merit. Speaking outside the courtroom, Saravana Kumar said Justice Shahnaz Sulaiman held that Naimah's application was neither frivolous nor vexatious, and that it raised legal questions warranting a substantive hearing. Federal counsel Sheryn Yong appeared on behalf of the Attorney-General's Chambers. On Oct 18, 2024, the same court dismissed Naimah's application for a temporary stay of the order requiring her to settle RM313.82 million in income tax arrears to the LHDN. The court had ruled that there were no exceptional circumstances to justify the stay and affirmed that LHDN was empowered under the Income Tax Act 1967 to enforce collection. However, on Oct 28, 2024, the Court of Appeal unanimously allowed Naimah's application for a temporary stay of the payment order.
