PUTRAJAYA – UK authorities have agreed to impose a restraining order on assets and properties worth around RM700 million linked to the family and proxies of the late Tun Daim Zainuddin.
Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki said the UK authorities’ decision to proceed with the application was confirmed yesterday.
He said the application followed MACC’s move to amend several matters related to the restraining order in court.
"On June 5, we filed for an asset freeze order in the United Kingdom involving RM700 million. We informed the authorities there, and yesterday, we were notified that they have filed a similar application in their court.
"This marks a new development in which the UK authorities agreed to our request, and the process will proceed in their courts.
"As for the defendants, they have filed to intervene, and the court has fixed July 9 for case management pending a permanent restraining order application," he said.
Previously, media reported that three luxury residences in London were among seven properties and one bank account – allegedly owned by the late Daim's wife, Toh Puan Na'imah Abdul Khalid, and her family – that were successfully frozen by MACC. The total value involved is GBP132 million (RM758.2 million).
MACC’s investigation found that both movable and immovable assets were linked to alleged offences under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA).
On Monday, the high court temporarily suspended the freeze order on the seven properties – including the three luxury London homes – and the bank account, which are alleged to belong to Daim’s wife and family.
Judge Datuk Azhar Abdul Hamid granted the temporary suspension after allowing an application by Na’imah’s lawyer, Datuk Gurdial Singh Nijar.
Commenting on the suspension order, Azam said MACC is awaiting intervention applications from seven parties, including Yayasan Ilham, to be heard on 9 July.
However, he clarified that the asset freeze remains in effect and has not been suspended.
"Perhaps the reporting was unclear, but I understand the court has fixed July 9 for hearing intervention applications, as none had been filed previously. Now that there are interveners, the court must decide how the case management proceeds," he said. – June 25, 2025
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