Frozen assets include commercial buildings, luxury residences and a bank account.
The Malaysian Anti-Corruption Commission (MACC) has reportedly secured a court order to freeze £132 million (RM758.2 million) in assets belonging to Toh Puan Na’imah Abdul Khalid, widow of the late Tun Daim Zainuddin, and her family in the United Kingdom.
The order was granted in an ex-parte proceeding by Kuala Lumpur High Court judge Justice Azhar Abdul Hamid.
The frozen assets reportedly include two commercial buildings worth £55.2 million, five luxury residences totalling £77.1 million, and a bank account held by the Ilham Foundation.
The court issued the order after finding sufficient grounds 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.
In January 2023, Daim was charged with failing to declare assets, including 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 for failing to declare her assets, including Menara Ilham and several properties in Kuala Lumpur and Penang.
MACC Chief Commissioner Tan Sri Azam Baki reportedly stated that eight new investigation papers involving Daim’s family have been opened as part of ongoing probes into assets valued at over RM2 billion.
He added that investigations into Daim began in February 2023, with multiple papers already initiated.
Daim passed away on 12 November last year at the age of 86. Following his death, the Kuala Lumpur Sessions Court discharged and acquitted him of charges under Section 254 of the Criminal Procedure Code (CPC).