Tun Daim wealth probe

The MACC investigation into Tun Daim's wealth began in late 2023, with Bernama reporting on 30 December 2023 that the probe was based on information from the Pandora Papers. This was followed by a BusinessToday Malaysia report on the same date confirming Daim was being investigated under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) based on the Pandora Papers report. In January 2024, MACC seized the 60-storey Menara Ilham tower and charged Daim on 29 January under Section 36(2) of the MACC Act 2009 for failing to declare assets in response to a commission notice; he pleaded not guilty and claimed the case was politically motivated. By July 2025, Sinar Daily reported that MACC had identified assets worth over RM3 billion in 11 countries linked to Daim. Daim died on 13 November 2024 at age 86, after which the criminal charge against him was struck out as it abated on his death. However, civil forfeiture proceedings continued against his wife, Toh Puan Na'imah Khalid, and associated companies. In November 2024, BusinessToday Malaysia reported that the money laundering case on Daim and his family was still ongoing per MACC, and on 20 November 2024, the same outlet reported that the court acquitted the late Daim on all charges—though this appears contradictory to the abatement due to death, suggesting possible confusion in reporting or reference to civil matters. His widow later moved to contest a freeze order on assets, as reported by The Star on 4 June 2025. Throughout 2024 and 2025, Daim’s wife and sons gave statements to MACC (1 November 2024, Bernama), and MACC continued to trace overseas assets, including luxury cars listed in January 2024 (Paul Tan) and offshore wealth linked via ICIJ (NST Online, 18 January 2024).