THE United Kingdom has enforced an asset freeze on properties and holdings linked to the late Tun Daim Zainuddin, following a request from the Malaysian Anti-Corruption Commission (MACC).
MACC Chief Commissioner Tan Sri Azam Baki confirmed that British authorities had agreed to a formal application made by the commission concerning the former finance minister’s overseas assets.
“There were amendments to several items, which were communicated to the UK authorities,” Azam said during a press conference at MACC headquarters on Wednesday.
“As a result, the UK authorities have proceeded with the asset freezing actions in line with what was requested by MACC,” he added.
Azam also stated that British authorities had filed a restraining order on Tuesday, signalling their agreement with the MACC’s application.
However, he noted that the defendants in the case have since filed a challenge, requesting that the court hear matters relating to the case’s management.
The MACC has previously imposed restrictions on assets estimated at around RM700 million, allegedly held by family members and proxies associated with Tun Daim.
According to Azam, the frozen assets are being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001.
Local media had earlier reported that among the assets under scrutiny were three luxury residences in London, out of a total of seven properties and one bank account said to be held by Tun Daim’s widow, Toh Puan Na’imah Abdul Khalid, and their family.
The MACC maintains that the move is part of ongoing investigations into allegations of unlawful enrichment and asset concealment. - June 25, 2025
