Daim charged with failing to declare assets, pleads not guilty

FORMER Finance Minister Tun Daim Zainuddin was charged in the Sessions Court here today with failing to comply with a notice to declare his assets, which include several luxury vehicles, companies and properties in Kuala Lumpur, Selangor Pahang, Negri Sembilan, Perak and Kedah.

Daim, 85, whose full name is Che Abdul Daim Zainuddin, seated in a wheelchair placed next to the dock, pleaded not guilty to the charge before Judge Azura Alwi.

“I understand the charge, pled not guilty and claim trial,” he said.

He was charged with failing to declare his assets by deliberately giving a written statement under oath that did not comply with the terms of the notice dated Nov 8, 2023, sent to him by an officer of the Malaysian Anti-Corruption Commission (MACC) with the rank of Commissioner on Nov 14, 2023, to do so.

The offence was allegedly committed at the MACC Headquarters, Putrajaya, on Dec 13, 2023.

The charge, framed under Section 36 (2) of the MACC Act 2009, provides a maximum prison sentence of five years and a fine of up to RM100,000, if convicted.

The assets comprise Amanah Saham Nasional Berhad (ASB) and Amanah Saham Nasional (ASN) bank accounts, seven luxury vehicles such as a Rolls Royce Royce 2 Axle Rigid Body, three Mercedes Benz, a Jaguar XJS HE, an Austin Morris and a Ford Prefect.

The assers also involve 38 companies, namely Ibu Kota Developments Sdn Bhd, Maya Seni Holdings Sdn Bhd, Menara Ampang Sdn Bhd, Dream Cruiser Sdn Bhd, Landbelt Corporation Sdn Bhd, Kenari Teliti Sdn Bhd, Fnq Advanced Materials Sdn Bhd, Kota Tandop Development Sendirian Berhad, Alun-Alun Resort (M) Sdn Bhd, Dasar Seroja Sdn Bhd, Gigantic Promotions Sdn Bhd, Jupiter Alliance Sdn Bhd, Inayat Realty Sdn Bhd, Suasa Urus Sdn Bhd, Avillion Berhad, Meridian Haven Sdn Bhd, Avillion Vista Hotel Sdn Bhd, Vast Access Sdn Bhd and Fortune Valley Sdn Bhd.

Also in the list are Reliance E-Com Sdn Bhd, Admiral Marina Berhad, Golden Envoy (M) Sdn Bhd, Mela Lifestyle Sdn Bhd, AVI SPA Sdn Bhd, Avillion Hotel Group Sdn Bhd, RPB Capital Holdings Sdn Bhd, Genius Field Sdn Bhd, Festive Place Sdn Bhd, Avillion Suite Hotel (PD) Sdn Bhd, Taman Unik Sdn Bhd, Admiral Cove Development Sdn Bhd, Nesline Sdn Bhd, RPB Development Sdn Bhd, OS Resources Sdn Bhd, Avillion Hotel (Kl) Sdn Bhd, Avillion Hotels International Sdn Bhd, Admiral Hill Hotel Sdn Bhd and Reliance Shipping & Travel Agencies (Perak) Sdn Bhd.

The property also includes 25 condominium units, houses and hotels in Kuala Lumpur, Selangor, Pahang, Negri Sembilan and Kedah.

Last Jan 23, Daim’s wife Toh Puan Na’imah Abdul Khalid, 66 was charged in the same Sessions Court with failing to comply with a notice by not declaring her property including Menara Ilham and several properties around Kuala Lumpur and Penang.

Prior to that, Nai’mah and her two sons were summoned to the MACC headquarters to record their statements in connection with the commission’s investigation against Daim, who is also a businessman.

According to MACC, the investigation into Daim was initiated based on information obtained from the Pandora Papers, which disclosed details related to confidential documents of wealthy and influential individuals worldwide hiding their wealth through offshore services or companies outside of their countries. – Jan 29, 2024


Main pic credit: Bernama

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