KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has confirmed that it will file a notice of appeal after the Kuala Lumpur High Court dismissed its application for a restraining order on investment funds amounting to about RM548 million.
The funds are alleged to be held in bank accounts in Singapore and linked to Toh Puan Na’imah Abdul Khalid, her son, and seven other individuals.
In a statement today, MACC said it has taken note of the court’s decision and will pursue the matter through the appellate process.
“Following the Kuala Lumpur High Court’s decision, MACC will file a notice of appeal in the near future, and the matter has been brought to the attention of the Attorney General’s Chambers,” the commission said.
The ruling marks a setback for the prosecution’s bid to freeze the assets pending ongoing investigations, though MACC maintained it would continue pursuing legal avenues.
The Attorney General’s Chambers (AGC) has also been informed of the development, according to the commission.
Earlier, the High Court had rejected the prosecution’s application for a prohibition order over approximately RM544 million allegedly held in Singapore bank accounts belonging to Na’imah, her son, and seven other individuals.
Judicial Commissioner Datuk Mohd Arief Emran Arifin ruled that the prosecution failed to satisfy the requirements under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (AMLA) Act 2001.
“The test for Section 53 of the AMLA Act is not fulfilled. Therefore, the application is dismissed,” he said.
During proceedings, Malaysian Anti-Corruption Commission (MACC) deputy public prosecutor Mahadi Abdul Jumaat appeared for the prosecution, while Na’imah, her son Muhammed Amir Zainuddin, and the other respondents were represented by lawyers Datuk Dr Gurdial Singh Nijar and Abraham Au.
The MACC had filed an ex-parte application on June 19, 2025, seeking to restrain Na’imah, her son, two other individuals, five companies, and related parties from dealing with assets overseas.
The assets reportedly comprised investment funds totalling £21 million (about RM121 million) and US$99 million (about RM423 million) held in Singapore.
The application was made under Section 53 of the AMLA Act 2001, following investigations under Section 113 of the Income Tax Act and Section 4(1) of the AMLA Act. – May 22, 2026