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RM7 5m cash allegedly donated to Zahid s charity was not from Yayasan Albukhary, MACC officer tells court
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Zahid pleads not guilty to amended money laundering charge involving Yayasan Akalbudi funds | Malaysia
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KUALA LUMPUR (March 8): A total of RM17.9 million from the coffers of Yayasan Akalbudi was taken out by Datuk Seri Dr Ahmad Zahid Hamidi without the approval of the charity s board of trustees, a Malaysian Anti-Corruption Commission investigating officer told the High Court today.
The officer, Muhammad Fazli Zulkifli, 36, who was in charge of investigating the criminal breach of trust (CBT) charges against Ahmad Zahid, said the former deputy prime minister had used part of the funds to purchase a stake in hotel management firm Ri-Yaz Asset Sdn Bhd.
Fazli, who was on the witness stand last week, testified under oath that out of the RM17.9 million, Ahmad Zahid used RM8.6 million to pay the hotel management firm as a deposit for a share purchase, while the other RM9.3 million was put into fixed deposit accounts.
Datuk Seri Ahmad Zahid Hamidi - file pic
KUALA LUMPUR (Bernama): An investigating officer told the High Court here that he found it strange that there were no documents of contributions made by Datuk Seri Ahmad Zahid Hamidi’s Yayasan Akalbudi to Yayasan Al-Falah - chaired by his brother - Datuk Seri Mohamad Nasaee Ahmad Tarmizi over the purchase of two bungalow lots in Country Heights, Kajang.
Mohd Tharuzi Mohd Nor, 40, said he did not find any documents such as cash transactions and donation receipts during the investigation into the case.
He said this during re-examination by Deputy Public Prosecutor Ahmad Sazilee Abdul Khairi, on the 48th day of the trial against Ahmad Zahid on Monday (March 8).
08 Mar 2021 / 17:40 H. Pix for illustration purposes.
KUALA
LUMPUR: The High Court was told today that the withdrawal of RM17.9 million from Yayasan Akalbudi funds was a criminal breach of trust because it did not get the consent of the other the charity foundation’s board of trustees.
Malaysian Anti-Corruption Commission (MACC) investigating officer Muhammad Fazli Zulkifli, 36, said the withdrawal of the money from Yayasan Akalbudi’s Affin Bank account to be transferred to a Maybank account belonging to Messrs Lewis & Co, the foundation’s trustee, was instructed by Datuk Seri Dr Ahmad Zahid Hamidi.
The 93rd prosecution witness said this during re-examination by deputy public prosecutor Sazilee Abdul Khairi, on the 48th day of the trial of the former deputy prime minister, who is facing corruption, abuse of power and money laundering charges involving millions of ringgit in funds from Yayasan Akalbudi.
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