Why is Ilham Tower being seized for the second time?

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Ilham Tower Seized Again Due to Alleged Links to Unlawful Activities

The Malaysian Anti-Corruption Commission (MACC) has obtained approval to seize Ilham Tower for a second time, citing its alleged connection to an offence under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA 2001). This latest action follows a previous seizure initiated in December 2023.
Legal Basis for Second Seizure

The current seizure is founded upon a Notice of Seizure of Immovable Property issued under Section 51(1) of the AMLATFPUAA 2001, dated June 4, 2025. This action received approval under Section 376(3) of the Criminal Procedure Code (Act 593). Information presented by the MACC indicates that the prominent 60-storey skyscraper is linked to an alleged offence defined under subsection 4(1) of the AMLATFPUAA 2001.
Previous Seizure and Underlying Investigation

This marks the second instance of Ilham Tower being subjected to seizure by the MACC. The initial seizure occurred on December 18, 2023. This earlier action was reportedly precipitated by Tun Daim Zainuddin's failure to declare his family’s financial assets as requested by the MACC, forming part of a broader investigation.
Ownership and Corporate Structure

Ilham Tower, a landmark building situated in central Kuala Lumpur, is owned by Ilham Tower Sdn Bhd. This entity is identified as a subsidiary under the control of Tun Daim Zainuddin's widow, Toh Puan Na’imah Abdul Khalid, and their two sons. The ownership structure is a key detail in the ongoing proceedings related to the building.

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Why is Ilham Tower being seized for the second time?

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