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Wrong to conclude Yayasan Akalbudi donation from unlawful proceeds

Zahid's counsel contends there's no evidence money came from illegal activities.

Erroneous to conclude donations in Zahid s charity foundation were proceeds from illegal activities, court told

KUALA LUMPUR: It was erroneous to conclude that the donations that went into Datuk Seri Dr Ahmad Zahid Hamidi’s Yayasan Akalbudi (YAB) charity foundation were proceeds from illegal activities, the High Court heard.

Zahid used RM17 9mil of Yayasan Akalbudi fixed deposits to finance daughter s hotel purchase bid, High Court told

KUALA LUMPUR: Datuk Seri Dr Ahmad Zahid Hamidi used RM17.9mil of fixed deposit withdrawals from Yayasan Akalbudi (YAB) funds to finance his daughter’s bid to buy a hotel in Bali, the High Court here was told.

Zahid withdrew RM17 9m from foundation funds to help daughter s bid to buy Bali hotel, court told | Daily Express Online

The High Court today was told that the withdrawal of RM17.9 million from Yayasan Akalbudi (YAB) funds by Datuk Seri Dr Ahmad Zahid Hamidi was, among others, to facilitate his daughter’s bid to buy a boutique hotel in Bali, Indonesia

YAB funds used to buy hotel, court told

KUALA LUMPUR: The High Court was told that Datuk Seri Dr Ahmad Zahid Hamidi had used RM17.9mil of fixed deposit withdrawals from Yayasan Akalbudi (YAB) to finance his daughter’s bid to buy a hotel in Bali, Indonesia.

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