KUALA LUMPUR (March 11): A lawyer for UMNO today told the High Court that the prosecution seeking the forfeiture of funds seized from the Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd has failed to show how the company had allegedly misappropriated the funds from 1Malaysia Development Bhd (1MDB).
Tania Scivetti for UMNO said the prosecution should have named former prime minister Datuk Seri Najib Razak as the respondent in the forfeiture hearing and not OBYU.
She added that even with assertion by investigating officers Senior Assistant Commissioner R Rajagopal and Superintendent Foo Wei Min that the money in Najib s accounts was allegedly siphoned from 1MDB during the Goodstar, Tanore and Aabar phases, they did not show material accounts from these three entities to show that the monies seized from the property came from the company.
Zahid asked for RM10mil donation from S porean businessman, says witness thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Bernama): The High Court was told Wednesday (March 10) that there were no documents to prove 27 cheques amounting to RM26.05mil received by Tetuan Lewis & Co, a trustee of Yayasan Akalbudi owned by Datuk Seri Dr Ahmad Zahid Hamidi, were donations to the foundation.
Malaysian Anti-Corruption Commission (MACC) investigating officer Mohd Amirudin Nordin, 38, said his investigations did not find any supporting documents or letters to state that the cheques in the name of Lewis & Co were donations.
The 96th prosecution witness said the cheques linked to donations were 13 cheques from MYEG Sdn Bhd (RM7.8mil), 10 cheques from Chia Bee Enterprise Sdn Bhd (RM10mil), two Sarana Kencana Sdn Bhd cheques (RM6mil), one cheque from Mubarak Hussain Akhtar Hussain (RM2mil) and one cheque from Jogabonito Jewellery & Diamonds (RM250,000).
Ahmad Zahid s trial : No proof 27 cheques valued at RM26 05 mln were donations thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
09 Mar 2021 / 18:43 H. Datuk Seri Dr Ahmad Zahid Hamidi (left). Bernama
KUALA LUMPUR: The High Court was today told that the process of converting cash amounting to RM7.5 million into 35 cheques in the case involving Datuk Seri Dr Ahmad Zahid Hamidi was money laundering derived from illegal sources.
Malaysian Anti-Corruption Commission (MACC) investigating officer Mohd Fahmee Mohamad Nor, 39, said this was based on his investigation into the entire case involving the former deputy prime minister.
The 95th prosecution witness said on the 49th day of the trial of Ahmad Zahid, who is facing corruption, abuse of power and money laundering charges involving millions of ringgit in funds from Yayasan Akalbudi.