Kuala Lumpur: The Malaysian Anti-Corruption Commission (MACC) is continuing its investigation involving the late Tun Daim Zainuddin and his wife, Toh Puan Naimah Abdul Khalid, including tracing their overseas assets. MACC Chief Commissioner Tan Sri Azam Baki said there were indicators suggesting the existence of foreign assets that need to be identified in relation to the case.

According to BERNAMA News Agency, Azam stated that cooperation with several foreign parties has revealed indicators of assets abroad that need to be traced. He emphasized that if any offences are discovered during the investigation, applications will be filed to recover the relevant funds. Azam noted the complexity of the investigation, highlighting the challenges posed by differing legal frameworks and authorities across foreign jurisdictions.

In February 2023, the MACC initiated several investigation papers based on information from the Pandora Papers, leading to probes involving the Ministry of Finance during Daim's tenure as Finance Minister. Subsequently, on June 7, 2023, the MACC issued a notice to Daim requiring him to declare all his assets within and outside the country. Despite being given 30 days, Daim requested extensions five times, the latest on Nov 14, 2023.

On Jan 29, 2024, Daim was charged under Section 36(2) of the MACC Act 2009 for failing to comply with the final notice by not declaring approximately 70 assets and one bank account. Following Daim's passing, the Kuala Lumpur Sessions Court acquitted and discharged him of the charges on Nov 20, 2024. Judge Azura Alwi ruled under Section 254(3) of the Criminal Procedure Code, following an application from deputy public prosecutor Datuk Wan Shaharuddin Wan Ladin, as the prosecution opted not to continue the case.