PUTRAJAYA: Assets linked to the late Tun Daim Zainuddin, his family and his proxies worth billions of ringgit are currently in the asset forfeiture process, says the Malaysian Anti-Corruption Commission (MACC).
Its Chief Commissioner Tan Sri Azam Baki said around RM2bill of Daim's assets are currently frozen.
"It could be more. We are communicating from authorities from Switzerland, the United Kingdom and others.
"We have been investigating him since February 2023 and have opened numerous investigation papers.
"Even though he has passed on, the MACC is seeking asset forfeiture and we are looking at assets that were not declared," he said,
On Jan 29, 2024, Daim was charged in the Sessions Court with failing to declare his assets.
According to the charge sheet, Daim had intentionally given a written statement under oath that did not comply with the terms of notice under Section 36(1)(b) of the MACC Act 2009, where he did not declare assets such as a bank account, seven luxury cars, 38 companies and 25 lands and properties spread across Kuala Lumpur, Negri Sembilan, Pahang and Perak.
Daim was charged under Section 36(2) of the MACC Act 2009, which carries imprisonment of up to five years and a fine not exceeding RM100,000, upon conviction.
Daim was granted bail of RM280,000 in one surety. He passed away on Nov 13 at the age of 86.
