Widow slams Malaysian anti-graft agency’s ‘vindictive’ pursuit of Daim’s estate

The widow of Malaysian tycoon and former politician Daim Zainuddin has hit back at the country’s anti-corruption agency, accusing it of being “vindictive” by continuing to seize assets from his estate in both Malaysia and the United Kingdom despite no criminal conviction.
On Thursday, the Malaysian Anti-Corruption Commission (MACC) took control of Daim’s 58-storey Ilham Tower in Kuala Lumpur, alleging that it was tied to offences under the anti-money-laundering law.
This is despite the…

Navigating exemption clauses in technology contracts

Effective exemption clauses in technology contracts are important because they allow parties to allocate risks and to determine the scope and extent of liabilities when disputes arise, such as in situations of software failures, data loss and service interruptions.