Latest news with #TheIlhamFoundation
The Star
10-07-2025
- Business
- The Star
Bid to block asset freeze
Toh Puan Na'imah Abdul Khalid, wife of the late Tun Daim Zainuddin at KL Court for the decision on application to refer legal question regarding validity of charge of failure to declare assets. — FAIHAN GHANI/The Star KUALA LUMPUR: Six companies, including The Ilham Foundation, are seeking to intervene a bid by the anti-graft agency to freeze assets worth £132mil (RM760mil) in London, allegedly owned by the widow of Tun Daim Zainuddin and her family. At the same time, the Malaysian Anti-Corruption Commission (MACC) has been allowed by the High Court to amend the application to freeze the assets in United Kingdom (UK). 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 held by The Ilham Foundation. Justice Azhar Abdul Hamid made the ruling after deputy public prosecutor Maziah Mohaide told the court that the amendment involved additions to the details in the notice of motion of the application. 'The ex-parte application is to amend the notice of motion dated May 30, 2025, namely to add details to the address and the title number according to the format of the enforcement authorities in the United Kingdom and to amend the details of the date and purchase value of the immovable properties in the notice of motion,' said Maziah. Lawyer Syed Afiq Syed Albakri, representing Daim's widow Toh Puan Na'imah Abdul Khalid (pic), revealed that six companies, including The Ilham Foundation, had applied to be interveners in the MACC's application. DPP Maziah, however, objected to the application, Bernama reported. Justice Azhar then ordered the prosecution to file an affidavit in reply to the application to intervene on July 25, while the six companies involved were to file their replies on Aug 6. The court also set Aug 8 for the case management. On May 22, MACC Chief Commissioner Tan Sri Azam Baki said eight investigation papers were opened based on new information received from external agencies regarding the assets owned by Daim, his family and proxies. Azam said the latest information indicated that the assets owned by Daim, his family and associates were not declared to the MACC during the 2023 investigation.
Free Malaysia Today
09-07-2025
- Business
- Free Malaysia Today
Court revises MACC freeze order on London assets linked to Naimah
MACC alleges that Naimah Khalid is linked to commercial buildings at St Mary Axe and One Crown Court, and three luxury residences at Bryanston Square, Bryanston Mews and Lancaster Gate, all in London. (Bernama pic) KUALA LUMPUR : The High Court has allowed the Malaysian Anti-Corruption Commission (MACC) to amend a freeze order on assets linked to Naimah Khalid in London worth 132 million pounds (about RM758.2 million). Deputy public prosecutor Maziah Mohaide made the application before Justice Azhar Abdul Hamid today, saying the original order was inconsistent with the format required by the UK authorities. She said the amendments would include the full addresses, title details, and value of the properties, as required by the UK authorities. 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. Counsel Syed Afiq Syed Albakri, representing Naimah, told the court that he would have to refile an application to intervene as the proposed amendments would render the original freeze order null and void. The court previously stayed the ex parte order to hear Naimah's application to intervene in the case, which was set for today. The court fixed Aug 8 for case management.
The Sun
09-07-2025
- Business
- The Sun
Court allows MACC to amend asset freeze notice for Daim's widow
KUALA LUMPUR: The High Court has permitted the Malaysian Anti-Corruption Commission (MACC) to amend its notice of motion concerning the freezing of assets worth GBP132 million in London, allegedly owned by the late Tun Daim Zainuddin's widow, Toh Puan Na'imah Abdul Khalid, and her family. The assets include two commercial properties 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) account held by The Ilham Foundation. Judge Datuk Azhar Abdul Hamid granted the application after deputy public prosecutor Maziah Mohaide explained that the amendments involved adding details to the notice of motion dated May 30, 2025. These changes included updating property addresses, title numbers, and purchase values to comply with UK enforcement standards. Meanwhile, lawyer Syed Afiq Syed Albakri, representing Na'imah, disclosed that six companies, including The Ilham Foundation, had sought to intervene in the MACC's asset freeze application. However, Maziah objected to their involvement. Judge Azhar directed the prosecution to file an affidavit in response to the intervention request by July 25, with the six companies required to submit their replies by August 6. Case management was scheduled for August 8. On May 22, MACC Chief Commissioner Tan Sri Azam Baki confirmed that eight investigation papers were initiated based on new information from external agencies regarding undisclosed assets linked to Daim, his family, and proxies. Azam stated that the latest findings revealed assets not declared during the 2023 probe.
Sinar Daily
09-07-2025
- Business
- Sinar Daily
Asset freeze against Daim's widow: Court allows MACC's application to amend notice
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 held by The Ilham Foundation. 09 Jul 2025 01:32pm Wife of the late Tun Daim Zainuddin, Toh Puan Na'imah Abdul Khalid - BERNAMA FILE PIX KUALA LUMPUR - The High Court here today allowed an application by the Malaysian Anti-Corruption Commission (MACC) to amend the notice of motion concerning the application to freeze assets worth GBP132 million in London, United Kingdom (UK), allegedly owned by the wife of the late Tun Daim Zainuddin, Toh Puan Na'imah Abdul Khalid and her family. 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 held by The Ilham Foundation. Judge Datuk Azhar Abdul Hamid made the ruling after deputy public prosecutor Maziah Mohaide told the court that the amendment involved additions to the details in the notice of motion. "The ex-parte application is to amend the notice of motion dated May 30, 2025, namely to add details to the address along and the title number according to the format of the enforcement authorities in the UK and to amend the details of the date and purchase value of the immovable properties in the notice of motion," said Maziah. The High Court allowed an application by the MACC to amend the notice of motion concerning the application to freeze assets worth GBP132 million in London, allegedly owned by the wife of the late Tun Daim Zainuddin, Toh Puan Na'imah Abdul Khalid and her family. Meanwhile, lawyer Syed Afiq Syed Albakri, representing Na'imah, said six companies, including The Ilham Foundation, had applied to be interveners in the MACC's application to freeze the assets involved, but Maziah objected to the application Judge Azhar then ordered the prosecution to file an affidavit in reply to the application to intervene on July 25, while the six companies involved were to file theirs on Aug 6, and set Aug 8 for the case management. On May 22, MACC Chief Commissioner Tan Sri Azam Baki said eight investigation papers were opened based on new information received from external agencies regarding the assets owned by Daim, his family and proxies. Azam said the latest information indicated that the assets owned by Daim, his family and associates were not declared to the MACC during the 2023 investigation. - BERNAMA More Like This
New Straits Times
09-07-2025
- Business
- New Straits Times
Asset freeze against Daim's widow: Court allows MACC's application to amend notice
KUALA LUMPUR: The High Court here today allowed an application by the Malaysian Anti-Corruption Commission (MACC) to amend the notice of motion concerning the application to freeze assets worth GBP132 million in London, United Kingdom (UK), allegedly owned by the wife of the late Tun Daim Zainuddin, Toh Puan Na'imah Abdul Khalid and her family. 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 held by The Ilham Foundation. Judge Datuk Azhar Abdul Hamid made the ruling after deputy public prosecutor Maziah Mohaide told the court that the amendment involved additions to the details in the notice of motion. "The ex-parte application is to amend the notice of motion dated May 30, 2025, namely to add details to the address along and the title number according to the format of the enforcement authorities in the UK and to amend the details of the date and purchase value of the immovable properties in the notice of motion," said Maziah. Meanwhile, lawyer Syed Afiq Syed Albakri, representing Na'imah, said six companies, including The Ilham Foundation, had applied to be interveners in the MACC's application to freeze the assets involved, but Maziah objected to the application. Judge Azhar then ordered the prosecution to file an affidavit in reply to the application to intervene on July 25, while the six companies involved were to file theirs on Aug 6, and set Aug 8 for the case management. On May 22, MACC Chief Commissioner Tan Sri Azam Baki said eight investigation papers were opened based on new information received from external agencies regarding the assets owned by Daim, his family and proxies. Azam said the latest information indicated that the assets owned by Daim, his family and associates were not declared to the MACC during the 2023 investigation.
