THE High Court has set 31 October as the decision date for Toh Puan Na’imah Abdul Khalid’s application to intervene in proceedings filed by the public prosecutor regarding offshore assets located in Jersey, a British Crown Dependency.
The application stems from an ex parte motion filed by the prosecution on 25 June, seeking to bar Na’imah — widow of the late Tun Daim Zainuddin — or any affiliated individuals from dealing with the offshore holdings, which comprise an estimated US$157.5 million (around RM667 million) and £85 million (approximately RM4.9 billion).
Presiding Judge Datuk Muhammad Jamil Hussin fixed the date during a case management hearing today. Deputy Public Prosecutor Mahadi Abdul Jumaat, speaking to reporters after the session, confirmed that the prosecution had submitted a reply affidavit to Na’imah’s application on 30 July and has since received her response.
At today's proceedings, Na’imah was represented by counsel Nurul Najwa Zainuddin.
The prosecution’s application was made under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA), in connection with an ongoing investigation under Section 113 of the Income Tax Act and Section 4(1) of AMLATFPUAA.
Prosecutors allege that the offshore assets were acquired by Na’imah or individuals connected to her and were not declared to the Inland Revenue Board (LHDN).
This marks the third such application filed by the public prosecutor, following two previous attempts involving assets located in the United Kingdom and Singapore.
On 22 May, Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki revealed that eight investigation papers had been opened based on new intelligence received from foreign agencies concerning the assets of the late Daim, his family members and proxies.
Azam stated that the latest findings indicated the assets in question were not disclosed during the 2023 MACC probe. - August 22, 2025
