KUALA LUMPUR, Jan 29 — Former finance minister Tun Daim Zainuddin, was charged in the Sessions Court today with failing to declare his assets to the Malaysian Anti-Corruption Commission (MACC).

The 86-year-old pleaded not guilty after the charge, made under Section 36(2) of the Malaysian Anti-Corruption Commission (MACC) Act, was read out to him.

Section 36(2) covers the offence of wilfully neglecting or failing to comply with the terms of a notice issued by the MACC to give a written statement on oath or affirmation of their assets.

He can be punished with a maximum five-year jail term and a maximum fine of RM100,000 if convicted.


Daim was accused of having on December 13, 2023, at the MACC headquarters in Putrajaya, willfully given a written statement on oath that did not comply with the terms of a MACC notice dated November 8 of the same year that was served on him on November 14.

He was alleged to have committed the offence by not declaring assets as stated in a list (Lampiran A).

He is accused of failing to declare his ownership in 38 companies; seven vehicles; 19 plots of land in Kuala Lumpur, Selangor, Negeri Sembilan, Pahang and Kedah; and six properties.


Besides that, Daim also allegedly omitted declaring an Amanah Saham Berhad and Amanah Saham Nasional bank account.

Deputy public prosecutor Datuk Wan Shaharuddin Wan Ladin asked the court to set bail between RM250,000 to RM500,000 and asked for the court to impound Daim’s passport on top of reporting to the authorities once a month.

Lawyer M. Puravalen representing Daim, however, argued for a lower bail amount and there was no necessity for Daim to surrender his passport citing his client’s ailing health.

Among others, Puravalen said his client was a kidney transplant patient and has suffered several strokes that have left him wheelchair bound.

After hearing the arguments from both the prosecution and defence, Sessions Court judge Azura Alwi ordered for Daim’s bail to be set at RM280,000 with one surety with no additional conditions imposed.

The list of assets that Daim failed to declare as read out in his charge is as follows:


1. Mercedes-Benz 600 SEL

2. Jaguar XJS HE

3. Mercedes-Benz 450SEL

4. Mercedes-Benz 450 SLC

5. Rolls-Royce Royce 2 Axle Rigid Body

6. Austin Morris Austin

7. Ford Prefect


1. Ibu Kota Developments Sdn Bhd

2. Maya Seni Holdings Sdn Bhd

3. Menara Ampang Sdn Bhd

4. Dream Cruiser Sdn Bhd

5. Landbelt Corporation Sdn Bhd

6. Kenari Teliti Sdn Bhd

7. Fnq Advanced Materials Sdn Bhd

8. Kota Tandop Development Sendirian Berhad

9. Alun-Alun Resort (M) Sdn Bhd

10. Dasar Seroja Sdn Bhd

11. Gigantic Promotions Sdn Bhd

12. Jupiter Alliance Sdn Bhd

13. Inayat Realty Sdn Bhd

14. Suasa Urus Sdn Bhd

15. Avillion Berhad

16. Meridian Haven Sdn Bhd

17. Avillion Vista Hotel Sdn Bhd

18. Vast Access Sdn Bhd

19. Fortune Valley Sdn Bhd

20. Reliance E-Com Sdn Bhd

21. Admiral Marina Berhad

22. Golden Envoy (M) Sdn Bhd

23. Mela Lifestyle Sdn Bhd

24. AVI SPA Sdn Bhd

25. Avillion Hotel Group Sdn Bhd

26. RPB Capital Holdings Sdn Bhd

27. Genius Field Sdn Bhd

28. Festive Place Sdn Bhd

29. Avillion Suite Hotel (PD) Sdn Bhd

30. Taman Unik Sdn Bhd

31. Admiral Cove Development Sdn Bhd

32. Nesline Sdn Bhd

33. RPB Development Sdn Bhd

34. OS Resources Sdn Bhd

35. Avillion Hotel (Kl) Sdn Bhd

36. Avillion Hotels International Sdn Bhd

37. Admiral Hill Hotel Sdn Bhd

38. Reliance Shipping & Travel Agencies (Perak) Sdn Berhad

Properties and Land

1. Lot 265, Seksyen 89, No. 325 Ritchie Condo, Kuala Lumpur

2. Lot 12, Seksyen 89, No. 327 Persiaran Ritchie, Kuala Lumpur

3. Unit 1D, NO 16, Jalan Taman U-Thant, Kuala Lumpur

4. 10, Jalan Wirawati, Taman Maluri, Kuala Lumpur

5. Rompin House, Bukit Fraser, Fraser’s Hill, Pahang

6. House near Jalan Kampung Pandan, Kampung Pandan, Kuala Lumpur

7. 333, Jalan Kolam Air, Taman Melawati, Kuala Lumpur

8. 204, Desa Kuda Lari, TK 1-A150 3, Kuala Lumpur

9. 333, Persiaran Ritchie, Desa Pahlawan, Kuala Lumpur

10. Socfin House-White Palace Kuala Lumpur

11. Lands near Taman Maluri, Cheras, Kuala Lumpur

12. Houses near Cinta Condominium, Jalan Madge Off Jalan U-Thant, Kuala Lumpur

13. Lot 12 & 13 Puncak Dani & Dani Lodge Gohtong Jaya Genting Highlands, Pahang

14. Unit No. W4DC-075 & 061, Phase 4D, Wangsa Melawati, Kuala Lumpur

15. Houses at Wisma Dani, 1, Jalan Jejaka 4, Maluri, Kuala Lumpur

16. Lands near Taman Dagang Ampang, Selangor

17. Lot 129 Seksyen 58, Menara Ampang, No. 149, Jalan Ampang, Selangor

18. Lands Lot No 1680 and 1681, Mukim Bujang Daerah Kuala Muda, Kedah

19. Double Storey Semi D, Phase 5B, Bukit Saujana, Ijok, Selangor

20. Suite # 8-13-6, Menara Mutiara Bangsar 8, Jalan Liku Off Jalan Bangsar, Kuala Lumpur

21. Avillion Port Dickson, 3rd Mile, Jalan Pantai, Port Dickson, Negeri Sembilan

22. Avillion Admiral Cove, 5½ Mile, Jalan Pantai, Port Dickson, Negeri Sembilan

23. Avillion Cameron Highlands, C-3-1 Jalan Camelia, Tanah Rata, Cameron Highlands, Pahang

24. Admiral Marina & Leisure Club, 5 1/2 Miles Jalan Pantai, 71050, Si Rusa, Negeri Sembilan

25. AVI Pangkor Beach Resort, PT1130, Jalan Pasir Bogak, Pangkor, Perak