Failure to declare property, Tun Daim brought to court

<p>Former Malaysian Finance Minister, Tun Daim Zainuddin was brought to court today on charges of failing to comply with a notice to declare assets including several luxury vehicles, companies and properties around Kuala Lumpur, Selangor, Pahang, Negeri Sembilan, Perak and Kedah.</p><p><br /></p><p>However, he pleaded not guilty and asked to be tried as soon as the interpreter read out the charges in front of Judge Azura Alwi.</p><p><br /></p><p>According to the charges, Tun Daim was charged with deliberately giving a written statement by swearing that he did not comply with the terms of the notice dated 8 November 2023 sent to him by an officer of the Malaysian Anti-Corruption Commission (MACC) with the rank of Commissioner on 14 November 2023, which is not to declare assets.</p><p><br /></p><p>His assets include one Amanah Saham Nasional Berhad (ASB) account, seven luxury vehicles such as Jaguar XJS HE, Rolls Royce 2 Axle Rigid Body, three Mercedes Benz, Austin Morris Auntin and Ford Prefect.</p><p><br /></p><p><br /></p><p>The result of the amount of undeclared property is as many as 38 companies and 25 real estate units in the country.</p><p><br /></p><p>Earlier, Datuk Wan Shaharuddin asked the court to set a bail of between RM250,000 and RM500,00 with one surety with the additional condition of reporting to the MACC headquarters once a month and handing over the passport to the court until the case is completed.</p><p><br /></p><p>His lawyer, Puravelan asked the court to consider the health factor of the accused in this case who had suffered a mild stroke a few years ago. He also needs to take various types of medication due to an infection in his left eye.</p><p><br /></p><p>Judge Azura then allowed Daim to be bailed at RM280,000 with a local surety with no additional conditions.</p>