Latest news with #AMLATFPUAA2001
The Sun
5 days ago
- The Sun
MACC remands NGO chairman on suspicion of money laundering
PUTRAJAYA: A chairman of a non-governmental organisation (NGO) has been remanded on suspicion of being involved in money laundering and using proceeds of corruption through personal accounts, his company, and those of relatives and associates. According to a Malaysian Anti-Corruption Commission (MACC) source, the male suspect in his 30s was arrested at around 2.30 pm yesterday while giving a statement at the MACC headquarters here. 'The suspect is believed to have committed the acts between 2015 and 2025, and previously the suspect had been remanded for a case investigated under Section 23 of the MACC Act 2009 related to abuse of power and misappropriation of NGO funds at the suspect's workplace,' said the source. Magistrate Irza Zulaikha Rohanuddin granted a four-day remand, until this Saturday, for the suspect after an application was made by the MACC at the Magistrate's Court here today. Meanwhile, MACC Anti-Money Laundering (AML) Division director Norhaizam Muhammad when contacted confirmed the arrest. He said the case is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001).
Malaysian Reserve
5 days ago
- Business
- Malaysian Reserve
MACC files forfeiture application for Menara Ilham
KUALA LUMPUR — The Malaysian Anti-Corruption Commission (MACC) has filed a forfeiture application for the Menara Ilham building linked to the late former finance minister, Tun Daim Zainuddin. MACC Chief Commissioner Tan Sri Azam Baki said the 60-storey building is among the latest assets subject to forfeiture proceedings involving Daim, his wife Toh Puan Na'imah Abdul Khalid and several of their local proxies. 'We will initiate the (forfeiture) process today, and I must say, it is not a simple task as there are many steps involved, and the documents (related to Menara Ilham) are extensive. 'In the next one to two weeks, more applications will be filed for properties linked to the individuals concerned,' he said at a press conference at the MACC headquarters here today. Azam also said the MACC has obtained a Restraining Order in Malaysia against assets belonging to Daim and related parties in the United Kingdom, estimated to be worth RM700 million. Following this, UK authorities have been notified and agreed to file a Restraining Order application in UK courts based on Malaysia's request. Earlier this month, the MACC once again seized Menara Ilham after securing permission from the Deputy Public Prosecutor to do so. On Monday, the High Court temporarily suspended an order to freeze seven properties, including three luxury residences in London, and one bank account, allegedly belonging to Na'imah and her family. Previously, the MACC had obtained an ex parte order to freeze the seven properties and one bank account, all of which are valued at £132 million (RM758.2 million), under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001. According to the MACC's application, investigations found that the movable and immovable assets were matters or evidence relating to alleged offences under Section 4(1) of the AMLATFPUAA 2001. — BERNAMA
New Straits Times
5 days ago
- New Straits Times
NGO chairman remanded over suspected involvement in money laundering
PUTRAJAYA: A non-governmental organisation (NGO) chairman has been remanded by the Malaysian Anti-Corruption Commission (MACC) on suspicion of money laundering through proceeds from corruption. It is learnt that the suspect allegedly engaged in money laundering involving the receipt, transfer and use of illicit funds through his personal and company bank accounts, as well as those belonging to relatives and associates. Magistrate Irza Zulaikha Rohanuddin granted a four-day remand order until June 28 following an application by the MACC at the magistrate's court here this morning. According to a source, the male suspect, in his 30s, was arrested at about 2.30pm yesterday when he presented himself at the MACC headquarters to give a statement. "The suspect is believed to have committed the offences between 2015 and 2025. He was previously remanded in a case investigated under Section 23 of the MACC Act 2009 for abuse of power and misappropriation of NGO funds at his workplace," the source said. Meanwhile, MACC Anti-Money Laundering Division director Norhaizam Muhammad, when contacted, confirmed the arrest. She said the case is being investigated under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001).
Sinar Daily
5 days ago
- Business
- Sinar Daily
Prosecution seeks court order to restrain Tun Daim's widow from handling assets in Jersey
The prosecutor alleged that the assets were acquired by Na'imah or individuals linked to her in Malaysia and were not declared to the IRB. 25 Jun 2025 04:12pm Toh Puan Na'imah Abdul Khalid - BERNAMA FILE PIX KUALA LUMPUR - The prosecution today filed an ex-parte application in the High Court here seeking to restrain Toh Puan Na'imah Abdul Khalid, the widow of the late Tun Daim Zainuddin, or her associates, from dealing with offshore assets amounting to USD157.5 million (approximately RM667 million) and GBP85 million located in Jersey, a British Crown dependency. Deputy Public Prosecutor Maziah Mohaide filed the application before High Court Judge Datuk Muhammad Jamil Hussin under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activity Act 2001 (AMLATFPUAA 2001). Maziah said the application was based on investigations under Section 113 of the Income Tax Act and Section 4(1) of AMLATFPUAA. The prosecutor alleged that the assets were acquired by Na'imah or individuals linked to her in Malaysia and were not declared to the Inland Revenue Board (IRB). Toh Puan Na'imah Abdul Khalid - BERNAMA FILE PIX This was the third application by the prosecution, following earlier efforts involving assets located in the United Kingdom and Singapore. Meanwhile, Na'imah's counsel, Syed Afiq Syed Albakri, applied to intervene in the proceedings and requested that the cause papers be served on her. The court then allowed the lawyer's application to file an intervener application and fixed Aug 22 to hear the intervener application, which will take precedence before the court hears the prosecution's bid. On May 22, MACC Chief Commissioner Tan Sri Azam Baki disclosed that eight investigation papers had been opened based on new information from external agencies regarding assets owned by Tun Daim, his family and proxies. Azam said the latest information indicated that the assets were not declared during the MACC's 2023 investigation. - BERNAMA
The Star
5 days ago
- Business
- The Star
Prosecution seeks court order to restrain Daim's widow from handling assets in Jersey
KUALA LUMPUR: The prosecution on Wednesday (June 25) filed an ex-parte application in the High Court here seeking to restrain Toh Puan Na'imah Abdul Khalid, the widow of the late Tun Daim Zainuddin, or her associates, from dealing with offshore assets amounting to US$157.5mil (approximately RM667mil) and GBP85mil located in Jersey, a British Crown dependency. Deputy Public Prosecutor Maziah Mohaide filed the application before High Court Judge Muhammad Jamil Hussin under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activity Act 2001 (AMLATFPUAA 2001). Maziah said the application was based on investigations under Section 113 of the Income Tax Act and Section 4(1) of AMLATFPUAA. The prosecutor alleged that the assets were acquired by Na'imah or individuals linked to her in Malaysia and were not declared to the Inland Revenue Board (LHDN). This was the third application by the prosecution, following earlier efforts involving assets located in the United Kingdom and Singapore. Meanwhile, Na'imah's counsel, Syed Afiq Syed Albakri, applied to intervene in the proceedings and requested that the cause papers be served on her. The court then allowed the lawyer's application to file an intervener application and fixed Aug 22 to hear the intervener application, which will take precedence before the court hears the prosecution's bid. On May 22, MACC Chief Commissioner Tan Sri Azam Baki disclosed that eight investigation papers had been opened based on new information from external agencies regarding assets owned by Daim, his family and proxies. Azam said the latest information indicated that the assets were not declared during the MACC's 2023 investigation. - Bernama
