MACC Seizes Kuala Lumpur's Menara Ilham Building, Owned by Daim Zainuddin

Kuala Lumpur, Malaysia – June 5, 2025 – The Malaysian Anti-Corruption Commission (MACC) today announced the seizure of Menara Ilham, a high-profile building in Kuala Lumpur. The building, a 60-story structure housing a hotel, offices, and retail space, is owned by Daim Zainuddin, a prominent figure in Malaysian finance and a former Minister of Finance. The MACC stated that the seizure was authorized by the Deputy Public Prosecutor under Section 376(3) of the Criminal Procedure Code and Section 51(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. "The seizure is based on information provided by MACC officers indicating a potential violation of the law," an MACC spokesperson said. The seizure marks a significant development in the ongoing investigation and underscores the MACC's commitment to combating corruption. The Menara Ilham case highlights the complexities of investigating financial crimes and the importance of transparency and accountability in government.