KUALA LUMPUR: The High Court has set Oct 31 to deliver its decision on an application by Toh Puan Na’imah Abdul Khalid to intervene in a bid by the public prosecutor concerning an offshore asset in Jersey, a British Crown dependency.
Justice Muhammad Jamil Hussin fixed the date both for the hearing and for delivering the decision.
After the proceedings yesterday, deputy public prosecutor Mahadi Abdul Jumaat told reporters that the prosecution had filed an affidavit-in-reply to Na’imah’s application on July 30.
On June 25, the prosecution filed an ex-parte application at the High Court to restrain Na’imah, widow of the late Tun Daim Zainuddin, or her associates from dealing with the offshore asset, valued at US$157.5mil (RM665.83mil) and £85mil (RM481.91mil).
The restraining order was sought under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activity Act 2001 (AMLATFPUAA), following investigations under Section 113 of the Income Tax Act and Section 4(1) of AMLATFPUAA.
The prosecution 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.
On May 22, Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki revealed that eight investigation papers had been opened based on fresh information from external agencies regarding assets owned by Daim, his family and proxies.
He said the latest findings showed the assets were not declared during MACC’s 2023 investigation.
