Malaysia

MACC seizes Ilham Tower under AMLATFPUAA 2001

The Ilham Tower is located in downtown Kuala Lumpur near the Petronas Twin Towers, and houses a four-star hotel, offices, and a gallery, among others.

Updated 1 year ago · Published on 05 Jun 2025 4:34PM

MACC seizes Ilham Tower under AMLATFPUAA 2001
The tower is said to be owned by the family of former finance minister Tun Daim Zainuddin. - June 5, 2025

THE Malaysian Anti-Corruption Commission (MACC) has obtained authorisation from the Deputy Public Prosecutor to seize Ilham Tower located at No. 8 Jalan Binjai, Kuala Lumpur.

The tower is said to be owned by the family of former finance minister Tun Daim Zainuddin.

This seizure is based on a Notice of Seizure of Immovable Property under Section 51(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001) dated June 4, 2025.

“Through this Notice, the authorisation for seizure was granted pursuant to the powers conferred upon the Public Prosecutor under Section 376(3) of the Criminal Procedure Code (Act 593).

“The Deputy Public Prosecutor is satisfied with the information provided by the MACC officer that it is related to an offence under subsection 4(1) of the AMLATFPUAA 2001,” MACC said in a statement.

The Ilham Tower is located in downtown Kuala Lumpur near the Petronas Twin Towers, and houses a four-star hotel, offices, and a gallery, among others.

The Ilham Tower was where the Council of Eminent Persons, which was formed by then prime minister Tun Dr Mahathir Mohamad after Pakatan Harapan came into power in 2018, held its meetings.

Tun Daim was its chairman.

The tower was seized two years ago under Section 38(1) of the MACC Act, which deals with the seizure of immovable property.

“Accordingly, it is ordered that the Ilham Tower building be seized by an MACC Investigating Officer, and all dealings involving the transfer of ownership of the said immovable property are now prohibited.

“Failure to comply with this Notice constitutes an offence under the AMLATFPUAA 2001,” added the statement. – June 5, 2025

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