MACC going after RM3b assets tied to Daim across 11 countries including UK and Singapore
The Malaysian Anti-Corruption Commission (MACC) is pursuing over RM3 billion in assets linked to the late Tun Daim Zainuddin, his family, and associates across 11 countries. The assets include properties, investments, and bank accounts in locations like the UK, US, Switzerland, and various offshore havens. MACC has obtained restraining orders for UK assets and is working with international authorities in Singapore, Jersey, and the UK to freeze accounts and secure mutual legal assistance. Ilham Tower in Kuala Lumpur has been seized, and statements have been taken from Daim's family members. The investigation is ongoing.
