Parties allowed to intervene in freeze on Daim’s family account


KUALA LUMPUR: The High Court has allowed an application by nine parties to intervene in an application by the Malaysian Anti-Corruption Commission (MACC) to freeze an investment account abroad, said to belong to the family of Tun Daim Zainuddin and his associates.

High Court judge Justice Mohd Arief Emran Ariffin allowed the application by the nine parties, whose names were withheld under a gag order, after the prosecution informed the court it had no objection.

The court also allowed a gag order that prohibits personal and confidential information such as names, ownership details, locations, or assets linked to these parties from being exposed or accessible directly or indirectly to any parties, with the exception of several parties such as the judge, the deputy registrar, the prosecution and other court officers involved in MACC’s asset freezing application.

The prohibition on the personal and confidential information is effective at all times until after the disposal of the case.

The court then fixed March 6 to hear MACC’s application to freeze Daim’s 12 accounts.

On May 22, MACC chief commissioner Tan Sri Azam Baki said eight investigation papers were opened based on new evidence received by the anti-graft agency regarding assets owned by the late Daim, his family and associates.

Azam said the assets were not declared to the MACC during an investigation in 2023.

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