{"id":154828,"date":"2025-06-03T12:53:09","date_gmt":"2025-06-03T12:53:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/154828\/"},"modified":"2025-06-03T12:53:09","modified_gmt":"2025-06-03T12:53:09","slug":"malaysia-seeks-to-freeze-us178-million-in-london-assets-tied-to-daim-zainuddins-widow","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/154828\/","title":{"rendered":"Malaysia seeks to freeze US$178 million in London assets tied to Daim Zainuddin\u2019s widow"},"content":{"rendered":"<p><a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/malaysia?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">Malaysia<\/a> has launched efforts to freeze assets in London \u2013 including bank accounts and prime real estate valued at \u00a3132 million (US$178 million) \u2013 linked to the widow of the late tycoon <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/week-asia\/politics\/article\/3286806\/daim-zainuddins-complex-legacy-and-twilight-malaysias-old-guard?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">Daim Zainuddin<\/a>, according to anti-graft authorities.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The process \u2013 which will ultimately need to be executed by authorities in the United Kingdom \u2013 is part of a widening embezzlement probe into his family\u2019s wealth.<\/p>\n<p>Daim, who died last November aged 86, was a key ally of former prime minister <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/mahathir-mohamad?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">Mahathir Mohamad<\/a> and played a central role in driving Malaysia\u2019s economic boom in the 1980s \u2013 a period critics say was marked by widespread crony capitalism that benefited Mahathir\u2019s inner circle.He was charged alongside his wife, Naimah Khalid, in January 2024 for failure to declare assets \u2013 allegations the couple dismissed as a politically motivated attack driven by Prime Minister <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/anwar-ibrahim?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">Anwar Ibrahim<\/a>, a long-time rival of Mahathir.<img decoding=\"async\" alt=\"Former Malaysian finance minister Daim Zainuddin arrives at court in Kuala Lumpur on January 29, 2024, to face charges of failing to declare assets under the MACC Act. Photo: EPA-EFE\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/c334d282-11f7-4e60-9b30-acfc3f7c3405_2113ff88.jpg\" title=\"Former Malaysian finance minister Daim Zainuddin arrives at court in Kuala Lumpur on January 29, 2024, to face charges of failing to declare assets under the MACC Act. Photo: EPA-EFE\"\/>Former Malaysian finance minister Daim Zainuddin arrives at court in Kuala Lumpur on January 29, 2024, to face charges of failing to declare assets under the MACC Act. Photo: EPA-EFE<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The charges against Daim were dropped following his death, but the Malaysian Anti-Corruption Commission (MACC) is continuing to probe the assets of his wife and sons.<\/p>\n","protected":false},"excerpt":{"rendered":"Malaysia has launched efforts to freeze assets in London \u2013 including bank accounts and prime real estate valued&hellip;\n","protected":false},"author":2,"featured_media":154829,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7757],"tags":[35150,748,65814,65805,393,4884,65810,65808,65811,257,35153,1055,65806,65812,65813,65809,65807,16,15],"class_list":{"0":"post-154828","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-london","8":"tag-anwar-ibrahim","9":"tag-britain","10":"tag-caf-bank-limited-uk","11":"tag-daim-zainuddin","12":"tag-england","13":"tag-great-britain","14":"tag-ilham-foundation","15":"tag-ilham-tower","16":"tag-kuala-lumpur-high-court","17":"tag-london","18":"tag-mahathir-mohamad","19":"tag-malaysia","20":"tag-malaysian-anti-corruption-commission-macc","21":"tag-naimah-khalid","22":"tag-one-crown-court","23":"tag-petronas-twin-towers","24":"tag-st-mary-axe","25":"tag-uk","26":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114619534892454170","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/154828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=154828"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/154828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/154829"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=154828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=154828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=154828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}