KUALA LUMPUR: The High Court was told that 2,435 pieces of jewellery, seven watches and 29 handbags valued at RM80mil, seized in a raid at a premises belonging to Obyu Holdings Sdn Bhd at Pavilion Residences, were from misappropriated 1Malaysia Development Berhad (1MDB) funds.
09 Mar 2021 / 13:53 H. Bernama
KUALA LUMPUR, March 9: The prosecution in the case of former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pix, left) involving Yayasan Akalbudi funds, today amended a money laundering charge by making changes on the amount and value of the cheques.
“I understand this (amended) charge is to make the sentence heftier for me. Thank you. I plead not guilty,” said Ahmad Zahid.
He made the plea after the amended charge in the money laundering case involving the Yayasan Akalbudi funds was read to him before High Court Judge Collin Lawrence Sequerah prior to the commencement of the trial.
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