Malaysia

MACC freezes over RM750m in London assets linked to Daim's wife

The frozen assets include two commercial buildings, five luxury residences and one bank account.

Updated 1 year ago · Published on 03 Jun 2025 1:16PM

MACC freezes over RM750m in London assets linked to Daim's wife
The properties are said to have been acquired between 2013 and 2021. - June 3, 2025

THE Kuala Lumpur High Court granted the Malaysian Anti-Corruption Commission’s (MACC) request to freeze £132 million (RM758.2 million) worth of assets in London, allegedly owned by Toh Puan Na'imah Abdul Khalid, wife of the late Tun Daim Zainuddin.

The ex-parte order was granted by High Court Judge Datuk Azahar Abdul Hamid after the court was satisfied that the assets were potentially linked to offences under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

The frozen assets include two commercial buildings, five luxury residences and one bank account.

The properties are said to have been acquired between 2013 and 2021.

MACC earlier said these assets were not disclosed during investigations in 2023.

The court order will now be sent to UK authorities for enforcement. – June 3, 2025

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