KUALA LUMPUR, JUNE 18 — The High Court today set August 13 to hear the Malaysian Anti-Corruption Commission (MACC) application to prevent Toh Puan Na’imah Abdul Khalid from managing offshore assets in Jersey, a British Crown territory.
The MACC, as the public prosecutor, filed an application to prevent Tun Daim Zainuddin’s widow or any party related to her from managing offshore assets totaling US$157.5 million (approximately RM667 million) and 85 million pounds (approximately RM4.9 billion) located in the region.
Judge Noor Ruwena Md Nurdin set the date during the case management proceedings attended by Deputy Public Prosecutor Mahadi Abdul Jumaat and lawyer Muhammad Nizamuddin Abdul Hamid, representing Na’imah.
Na’imah was excused from attending today’s proceedings.
On June 25 last year, MACC filed the application claiming that the assets were acquired by Na’imah or individuals related to her in Malaysia and were not declared to the Inland Revenue Board.
The application was filed under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001) following an investigation under Section 113 of the Income Tax Act and Section 4(1) of the AMLATFPUAA.
This is the third application filed by the prosecution after two previous applications involving assets in the United Kingdom and Singapore.
On June 19, 2025, MACC filed an application to prevent Na’imah, her son Muhammed Amir Zainuddin, two individuals, five companies or any parties related to them from managing assets outside Malaysia, namely GBP21 million (approximately RM121 million) and USD99 million (approximately RM423 million) of investment money in Singapore.
The High Court here on May 22, 2026 rejected the prosecution’s application to obtain a restraining order against the investment money.
Meanwhile, for the case involving The Ilham Foundation, the court has set June 30 for a decision on Na’imah’s application to cancel the MACC’s application to freeze several commercial and residential buildings in London, United Kingdom (UK) worth GBP132 million.
On May 22, 2025, Tan Sri Azam Baki, who was then the Chief Commissioner of MACC, revealed that eight investigation papers had been opened based on new information from foreign agencies regarding assets belonging to Daim, his family and proxies.
Azam said the latest information showed that the assets involved were not declared during the MACC investigation in 2023.
— BERNAMA
