Companies, luxury cars and properties: Assets ex-Malaysia finance minister Daim is accused of not declaring

KUALA LUMPUR: Luxury cars, dozens of companies as well as homes and hotels in several states – these are the assets that former Malaysian finance minister Daim Zainuddin is accused of failing to declare.

The 85-year-old was on Monday (Jan 29) charged under the country’s anti-corruption laws. He arrived in a wheelchair, flanked by his wife Na’imah Abdul Khalid, who also received similar charges last week.

Daim, a key ally of former prime minister Mahathir Mohamad, had been investigated by the Malaysian Anti-Corruption Commission (MACC) based on information contained in the Pandora Papers

These are the assets involved:

Investment accounts

  • Amanah Saham Nasional Berhad (ASB) 
  • Amanah Saham Nasional (ASN)

7 luxury vehicles

  • Mercedes Benz 600 SEL 
  • Jaguar XJS HE 
  • Mercedes Benz 450SEL
  • Mercedes Benz 450 SLC
  • Rolls Royce 2 Axle Rigid Body
  • Austin Morris

25 properties, plots of land

  • Lot 265, Section 89, No. 325 Ritchie Condo, Kuala Lumpur
  • Lot 12, Section 89, No. 327 Persiaran Ritchie, Kuala Lumpur
  • Unit 1D, No. 16, Jalan Taman U-Thant, Kuala Lumpur
  • No. 10 Jalan Wirawati, Taman Maluri, Kuala Lumpur
  • Rompin House, Bukit Fraser, Fraser’s Hill, Pahang
  • House near Jalan Kampung Pandan, Kampung Pandan, Kuala Lumpur
  • No. 333, Jalan Kolam Air, Taman Melawati, Kuala Lumpur
  • No. 204 Desa Kuda Lari, TK 1-A150 3, Kuala Lumpur
  • No. 333, Persiaran Ritchie, Desa Pahlawan, Kuala Lumpur
  • Socfin House-White Palace, Kuala Lumpur
  • Plots of land near Taman Maluri, Cheras, Kuala Lumpur
  • Cinta Condominium, Jalan Madge Off Jalan U-Thant, Kuala Lumpur
  • Lot 12 & 13 Puncak Dani & Dani Lodge Gohtong Jaya Genting Highlands, Pahang
  • W4DC-075 and 061, Phase 4D, Wangsa Melawati, Kuala Lumpur
  • Units at Wisma Dani, 1, Jalan Jejaka 4, Maluri, Kuala Lumpur
  • Units at Taman Dagang Ampang, Ampang, Selangor
  • Lot 129 Section 58, Menara Ampang, No. 149, Jalan Ampang, Selangor
  • Lots at Mukim Bujang Daerah Kuala Muda, Kedah
  • Double Storey semi-detached house, Phase 5B, Bukit Saujana, Ijok, Selangor
  • Suite # 8-13-6, Menara Mutiara Bangsar 8, Jalan Liku Off Jalan Bangsar, Kuala Lumpur
  • Avillion Port Dickson, 3rd Mile, Jalan Pantai, Port Dickson, Negeri Sembilan
  • Avillion Admiral Cove, 5 1/2 Mile, Jalan Pantai, Port Dickson, Negeri Sembilan
  • Avillion Cameron Highlands, C-3-1 Jalan Camelia, Tanah Rata, Cameron Highlands, Pahang
  • Admiral Marina & Leisure Club, 5 1/2 Miles Jalan Pantai, 71050, Si Rusa, Negeri Sembilan,
  • AVI Pangkor Beach Resort, PT1130, Jalan Pasir Bogak, Pangkor, Perak

38 companies

  • Ibu Kota Developments
  • Maya Seni Holdings
  • Menara Ampang
  • Dream Cruiser
  • Landbelt Corporation
  • Kenari Teliti
  • Fnq Advanced Materials
  • Kota Tandop Development
  • Alun-Alun Resort
  • Dasar Seroja
  • Gigantic Promotions 
  • Jupiter Alliance
  • Inayat Realty
  • Suasa Urus
  • Avillion
  • Meridian Haven
  • Avillion Vista Hotel
  • Vast Access
  • Fortune Valley
  • Reliance E-Com
  • Admiral Marina 
  • Golden Envoy
  • Mela Lifestyle
  • AVI SPA
  • Avillion Hotel Group
  • RPB Capital Holdings
  • Genius Field
  • Festive Place
  • Avillion Suite Hotel (PD)
  • Taman Unik 
  • Admiral Cove Development
  • Nesline
  • RPB Development
  • OS Resources
  • Avillion Hotel (KL)
  • Avillion Hotels International
  • Admiral Hill Hotel
  • Reliance Shipping & Travel Agencies (Perak)

Daim’s wife received her charges on Jan 23. The 66-year-old also pleaded not guilty.

The assets she is accused of failing to declare are Ilham Tower and two companies – Ilham Tower and Ilham Baru – and two Mercedes Benz vehicles.
 
Also included in the list: A house in Persiaran Bukit Tunku, four lots of land in Bukit Tunku, and one lot of land each in Taman Tun Dr Ismail and Penang. 

The multi-million-dollar Ilham Tower, a prime commercial building owned by Daim’s family, was seized by the anti-graft agency in December. 

The skyscraper, designed by famed British modernist architect Norman Foster, cost US$580 million and is located in a cluster of exclusive high-rise residential and commercial complexes around the iconic Petronas Twin Towers.

It was seized after he snubbed repeated petitions from the MACC to officially declare his assets in an investigation that began in late May.