In a statement, the Malaysian Anti-Corruption Commission (MACC) confirmed media reports this month that it had seized Ilham Tower, a 60-storey building in Malaysia’s capital Kuala Lumpur, as part of its investigation into Daim Zainuddin.
Daim, 85, on Thursday denied all wrongdoing and said he was not informed what offence he had allegedly committed despite repeated queries to the MACC.
Malaysia ex-minister Daim slams PM Anwar for ‘political witch-hunt’ over probe
Malaysia ex-minister Daim slams PM Anwar for ‘political witch-hunt’ over probe
Anwar, who came to power last year, has vowed to weed out high-level corruption, but has faced accusations by some critics of targeting political rivals.
In it, Daim, his associates and family members were reported to have held assets worth at least ₤25 million (US$31.82 million).
The MACC said it had asked Daim to declare his assets in June and granted five extensions to the former minister to do so – the latest on November 14.
It added that “he has every opportunity to clear his name if the case is brought to the court of law”.
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Former Malaysian PM Muhyiddin Yassin charged with corruption
Former Malaysian PM Muhyiddin Yassin charged with corruption
Daim held the finance portfolio twice: between 1984 and 1991, when he was succeeded by Anwar; and from 1999 to 2001 after Anwar was sacked by then-PM Mahathir for alleged corruption and sodomy.
Though retired from active politics, Daim remains an influential figure.
In 2018, when Mahathir came out of retirement and returned as prime minister, he appointed Daim to lead a government advisory council tasked with scrutinising everything from government policies to the management of state-linked firms.