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RM10mil was for investment

KUALA LUMPUR: The RM10mil fund given by Datuk Seri Dr Ahmad Zahid Hamidi through the Akalbudi Foundation (YAB) to Armada Holdings Sdn Bhd to bid for a tender to supply coal to Tenaga Nasional Berhad (TNB) was for investment purposes, the High Court heard.Businessman Datuk Seri Khalid Mohamad Jiwa, better known as Datuk K, 64, said the RM10mil had been returned to the foundation, with interest amounting to RM69,722.65.

Siti Nurhaliza s husband Datuk K says generous Zahid gave RM10m via Yayasan Akalbudi to friend s firm to invest

KUALA LUMPUR, Aug 21 Datuk Seri Khalid Mohamad Jiwa, the husband to singer Datuk Seri Siti Nurhaliza, told the High Court today that Deputy Prime Minister Datuk Seri Ahmad.

Datuk K: Big surprise when Zahid offered RM10m for capital; wasn t loan as no collateral, repayment date

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