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Malaysia goes after US$178 million in London assets tied to Daim’s widow

Malaysia has launched efforts to freeze assets in London – including bank accounts and prime real estate valued at £132 million (US$178 million) – linked to the widow of the late tycoon Daim Zainuddin, according to anti-graft authorities. The process – which will ultimately need to be executed by authorities in the United Kingdom – is part of a widening embezzlement probe into his family’s wealth. Daim, who died last November aged 86, was a key ally of former prime minister Mahathir Mohamad and...


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