Latest news with #TunDaimZainuddin
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
The Sun
5 days ago
- Business
- The Sun
MACC files forfeiture application for Menara Ilham building
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.
Sinar Daily
6 days ago
- Politics
- Sinar Daily
High Court orders transfer of land title from Tun M and three other trustees to Umno
Umno and the Federal Territories Land and Mines Office Registrar had agreed to resolve the matter by way of a consent judgment. 24 Jun 2025 04:10pm Kuala Lumpur Courts Complex. - BERNAMA FILE PIX KUALA LUMPUR - The High Court here today ordered that a 9,723-square metre parcel of land in the capital, previously registered in the names of the late Tun Daim Zainuddin, Tun Musa Hitam, Tun Dr Mahathir Mohamad and the late Tan Sri Sanusi Junid as trustees, be transferred to Umno. Justice Roz Mawar Rozain made the order after Umno's counsel, Datuk Mohd Hafarizam Harun, informed the court that the applicant (Umno) and the respondent (Federal Territories Land and Mines Office Registrar) had agreed to resolve the matter by way of a consent judgment. "Accordingly, the court records the parties' consent judgment, and the transfer of title is to be effected within 30 days," Justice Roz Mawar said during the proceedings, which were also attended by Umno's co-counsel, Norhazira Abu Haiyan. According to the draft consent order obtained by the media, ownership of the property is to be transferred and registered in the name of Umno, together with all rights, interests and title therein, under Section 9(b) of the Societies Act 1966. The High Court ordered that a 9,723-square metre parcel of land in the capital, previously registered in the names of the late Tun Daim Zainuddin, Tun Musa Hitam, Tun Dr Mahathir Mohamad and the late Tan Sri Sanusi Junid as trustees, be transferred to Umno. On March 6, Umno's Secretary of Works, Datuk Mohd Sumali Reduan, filed an originating summons seeking a court order for the transfer of title to Grant 78154, Lot 40, Section 51, Bandar Kuala Lumpur, registered in the names of four trustees, to Umno under Clause 27.1 of the United Malays National Organisation Constitution and Section 9 of the Societies Act 1966. Umno also sought an order directing the Federal Territory Land Registrar or Land Administrator to effect the transfer by entering a memorial in the title document. In his supporting affidavit, Mohd Sumali stated that under Form Schedule 17, an application for approval to transfer the land dated Oct 27, 2015, together with a statutory declaration dated Oct 22, 2015, was executed and affirmed by all four trustees. He further affirmed that two of the trustees, Tan Sri Sanusi Junid and Tun Daim Zainuddin, have since passed away, on March 9, 2018, and Nov 13, 2024, respectively. According to Mohd Sumali, the then office bearers of Umno, namely the President, Deputy President, and Secretary-General, had agreed via a statutory declaration dated Dec 10, 2015, to have the property re-registered in the party's name. He added that a letter from the Federal Territories Land and Mines Office dated Dec 28, 2015, confirmed that the Federal Territory Kuala Lumpur Land Working Committee had approved the proposed transfer of title from the trustees to UMNO. However, the subsequent attempt to effect the transfer via Form 14A, dated April 25, 2016, submitted by UMNO's solicitors to the Federal Territories Land and Mines Office was rejected on May 18, 2017. He said the stated reason for the rejection was a discrepancy between the names listed on the land title and the corresponding names on the identity documents. - BERNAMA More Like This
Barnama
6 days ago
- Politics
- Barnama
High Court Orders Transfer Of Land Title From Tun M And Three Other Trustees To UMNO
KUALA LUMPUR, June 24 (Bernama) -- The High Court here today ordered that a 9,723-square metre parcel of land in the capital, previously registered in the names of the late Tun Daim Zainuddin, Tun Musa Hitam, Tun Dr Mahathir Mohamad and the late Tan Sri Sanusi Junid as trustees, be transferred to UMNO. Justice Roz Mawar Rozain made the order after UMNO's counsel, Datuk Mohd Hafarizam Harun, informed the court that the applicant (UMNO) and the respondent (Federal Territories Land and Mines Office Registrar) had agreed to resolve the matter by way of a consent judgment. 'Accordingly, the court records the parties' consent judgment, and the transfer of title is to be effected within 30 days,' Justice Roz Mawar said during the proceedings, which were also attended by UMNO's co-counsel, Norhazira Abu Haiyan. According to the draft consent order obtained by the media, ownership of the property is to be transferred and registered in the name of UMNO, together with all rights, interests and title therein, under Section 9(b) of the Societies Act 1966. On March 6, UMNO's Secretary of Works, Datuk Mohd Sumali Reduan, filed an originating summons seeking a court order for the transfer of title to Grant 78154, Lot 40, Section 51, Bandar Kuala Lumpur, registered in the names of four trustees, to UMNO under Clause 27.1 of the United Malays National Organisation Constitution and Section 9 of the Societies Act 1966. UMNO also sought an order directing the Federal Territory Land Registrar or Land Administrator to effect the transfer by entering a memorial in the title document. In his supporting affidavit, Mohd Sumali stated that under Form Schedule 17, an application for approval to transfer the land dated Oct 27, 2015, together with a statutory declaration dated Oct 22, 2015, was executed and affirmed by all four trustees. He further affirmed that two of the trustees, Tan Sri Sanusi Junid and Tun Daim Zainuddin, have since passed away, on March 9, 2018, and Nov 13, 2024, respectively. According to Mohd Sumali, the then office bearers of UMNO, namely the President, Deputy President, and Secretary-General, had agreed via a statutory declaration dated Dec 10, 2015, to have the property re-registered in the party's name.
Malay Mail
7 days ago
- Business
- Malay Mail
High Court grants stay on £132 million asset freeze for widow of late Daim Zainuddin, pending further hearings
KUALA LUMPUR, June 23 — The High Court today allowed an application by Toh Puan Na'imah Abdul Khalid, the widow of the late Tun Daim Zainuddin, for a stay of its ex-parte order to freeze assets belonging to her and her family worth £132 million in London by the Malaysian Anti-Corruption Commission (MACC). The assets comprise two commercial buildings located at St Mary Axe and One Crown Court; three luxury residences at Bryanston Square, Bryanston Mews and Lancaster Gate; two residential units in Gloucester Place; and a bank account at CAF Bank Limited (UK), allegedly held under The Ilham Foundation. Judge Datuk Azhar Abdul Hamid granted the stay after allowing Na'imah's application, who was represented by counsel Datuk Dr Gurdial Singh Nijar. The court fixed July 9 to hear Na'imah's application to intervene in the main proceedings relating to the freezing of the assets. On June 3, the same court had allowed the MACC's ex-parte application to freeze the said assets under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001). In a separate High Court today, Judge K. Muniandy fixed August 1 to hear Na'imah's application to intervene in MACC's separate ex-parte application to freeze 12 investment accounts in Singapore, allegedly owned by Na'imah, her family and associates, with a total value over RM544 million. Earlier, Deputy Public Prosecutor Wan Nur Iman Wan Mohd Afzal requested the court to allow MACC's ex-parte application to freeze the said assets, following findings that the assets had not been declared. 'The total value of these movable assets exceeds RM544 million, consisting of investments in USD and pound sterling. Therefore, we request that this application be heard, and these assets be frozen to prevent the risk of disposal,' she said. On May 22, MACC Chief Commissioner Tan Sri Azam Baki said eight investigation papers were opened based on new information received from external agencies regarding the assets owned by Daim, his family and proxies. Azam said the latest information indicated that the assets owned by Daim, his family and associates were not declared to MACC during the 2023 investigation. — Bernama
