Office in London linked to Daim pulled from sale

Free Malaysia Today

The building at 1 Crown Court on Cheapside had been put up for sale for £28.6 million (RM171 million) last year.   Read More:  https://www.freemalaysiatoday.com/category/nation/2024/05/24/office-in-london-linked-to-daim-pulled-from-sale/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #DaimZainuddin #Office #Unsold

Transcript

00:00 A London office building linked to the family of a former Malaysian politician has been

00:06 withdrawn from sale, according to sources.

00:10 The building at 1 Crown Court on Cheapside, about 400 metres from St Paul's Cathedral,

00:15 was put up for sale last year for 28.6 million pounds or 171 million ringgit, according to

00:21 a document seen by Bloomberg News.

00:24 An outline deal was agreed upon with an investor earlier this year, but the talks collapsed

00:29 and the property has since been withdrawn from sale, the People said, asking to remain

00:34 anonymous because the process was private.

00:37 The report by the International Consortium of Investigative Journalists in January said

00:41 UK-led registry findings show the building is owned by a British Virgin Islands company

00:46 called Straits Properties Limited.

00:49 This company is ultimately owned by a trust, and the wife of former Malaysian Finance Minister

00:54 Daim Zainudin is a beneficiary.

00:57 A representative for the family declined to comment.

01:00 In January, Daim and his wife Naima Khalid were charged with allegedly failing to declare

01:04 assets under Malaysia's anti-corruption law.

01:07 They have pleaded not guilty.

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