The charge against the daughter of late former finance minister Daim Zainuddin centres on an allegedly incomplete asset declaration
3-MIN READ3-MIN ListenIman Muttaqin YusofPublished: 3:10pm, 7 Apr 2026Updated: 3:12pm, 7 Apr 2026A daughter of Malaysia’s late former finance minister Daim Zainuddin was charged in a Kuala Lumpur court on Tuesday over allegations that she failed to declare shareholdings to anti-corruption investigators, in the latest escalation of a long-running probe into the wealth of one of the country’s most prominent political families.The case against Asnida Abdul Daim is part of the investigation by the Malaysian Anti-Corruption Commission (MACC) into assets linked to her father, a two-time finance minister and long-time ally of former premier Mahathir Mohamad, whose wealth and influence had long made him a towering figure in Malaysian politics.According to the charge sheet seen by This Week in Asia, Asnida was accused of intentionally submitting a sworn written statement at MACC headquarters in Putrajaya on December 13, 2023, that did not comply with an asset-declaration notice under the MACC Act.
Prosecutors allege she failed to declare shareholdings in five companies: Amiraz Sdn Bhd, Arida Farms Sdn Bhd, Kangkung Catering Sdn Bhd, Transgrade Sdn Bhd and Gajah3 Foods Sdn Bhd.
The offence carries a maximum sentence of five years in jail and a fine of up to 100,000 ringgit (US$25,000).