theVibes.com:
MACC freezes RM2 billion worth of assets belonging to the late Tun Daim
The agency has also opened eight new investigation papers based on latest information.
Updated 2 days ago
Published on 22 May 2025 5:18PM
Azam said the assets were traced in Switzerland, the United Kingdom (UK) and Singapore - May 22, 2025
THE Malaysian Anti-Corruption Commission (MACC) has received latest information from external agencies regarding property and ownership of high-value assets of former Finance Minister, the late Tun Daim Zainuddin and his family.
MACC Chief Commissioner, Tan Sri Azam Baki said that as a result, the agency has opened eight new investigation papers based on the information.
"We are now moving towards looking at assets that were not declared to us at one time.
"So, the latest information shows the ownership of high-value assets by the late Tun Daim, his family and associates that were not declared to us," he told a press conference at the MACC Headquarters, here, today.
Azam said the assets were traced in Switzerland, the United Kingdom (UK) and Singapore as well as several other countries.
"MACC is currently in contact with several authorities abroad (to obtain the relevant information).
"It is not easy because we have to follow legal procedures such as Mutual Legal Assistance," he said.
According to him, so far, RM2 billion of the deceased's assets and properties have been frozen since the case was investigated in February 2023.
"For this latest information, an investigation will be conducted and if it is true that it was not declared, then it is an offence. Despite Tun Daim is no longer with us, we will propose that the property and assets in question be forfeited to the government.
"However, it depends on the Deputy Public Prosecutor (DPP). But we are moving in that direction," he said.
He said witnesses are currently being called to ascertain whether this property was acquired legally, including by calling proxies and family members.
"In this case, I have given the investigating officer approximately two months to complete the investigation into the eight newly opened investigation papers," he said. – May 22, 2025
THE Malaysian Anti-Corruption Commission (MACC) has received latest information from external agencies regarding property and ownership of high-value assets of former Finance Minister, the late Tun Daim Zainuddin and his family.
MACC Chief Commissioner, Tan Sri Azam Baki said that as a result, the agency has opened eight new investigation papers based on the information.
"We are now moving towards looking at assets that were not declared to us at one time.
"So, the latest information shows the ownership of high-value assets by the late Tun Daim, his family and associates that were not declared to us," he told a press conference at the MACC Headquarters, here, today.
Azam said the assets were traced in Switzerland, the United Kingdom (UK) and Singapore as well as several other countries.
"MACC is currently in contact with several authorities abroad (to obtain the relevant information).
"It is not easy because we have to follow legal procedures such as Mutual Legal Assistance," he said.
According to him, so far, RM2 billion of the deceased's assets and properties have been frozen since the case was investigated in February 2023.
"For this latest information, an investigation will be conducted and if it is true that it was not declared, then it is an offence. Despite Tun Daim is no longer with us, we will propose that the property and assets in question be forfeited to the government.
"However, it depends on the Deputy Public Prosecutor (DPP). But we are moving in that direction," he said.
He said witnesses are currently being called to ascertain whether this property was acquired legally, including by calling proxies and family members.
"In this case, I have given the investigating officer approximately two months to complete the investigation into the eight newly opened investigation papers," he said. – May 22, 2025
What about NAJIB AND FAMILY OR Tun Dr M And Family?? MACC PI MAMPUS SATU DEMI SATU...... Teoh Beng Hock , Pamela Ling, Ahmad Sarbani bin Mohamed..... coming soon the Setan of Pahang Robbery legacy
ReplyDeletehttps://www.thecoverage.my/4003/umno-rm100-billion-stolen-assets-mahathir-daim
ReplyDeleteThe Untold Story Of UMNO RM 100 Billion Stolen Assets By Tun Mahathir & Tun Daim
Much of RPK's on-line articles are blocked by Malaysian internet providers on MCMC instruction, but it serves Madani Regime's agenda to let this one to be read in the country.