Zahid’s trial: Affin Bank official confirms Yayasan Akalbudi’s RM31m payments via 51 cheques | Malay Mail

Tuesday, 11 Feb 2020 06:36 PM MYTDatuk Seri Ahmad Zahid Hamidi is pictured at the Kuala Lumpur High Court February 11, 2020. — Picture by Firdaus Latif

From the 51 cheques, Rajen Taran also confirmed three cheques totalling RM107,509.55 to Ahmad Izhan Abdul Rashid, two cheques totalling RM360,000 to TS Consultancy & Resources, and one cheque dated November 19, 2015 for RM1.3 million to Persatuan Bola Sepak Polis Diraja Malaysia. Based on testimony from other prosecution witnesses previously, Yayasan Akalbudi was said to have paid RM107,509.55 to Allianz General Insurance agent Ahmad Izhan for the road tax and insurance of private vehicles linked to Zahid, RM1.

The funds for the transfer of RM17,953,185.21 to Lewis & Co were taken from Yayasan Akalbudi’s seven fixed deposit accounts with Affin Bank then, Rajen Taran explained in court today. Asked by Hisyam, Rajen Taran confirmed that he could not show any circular resolution or authorisation letter by Yayasan Akalbudi to authorise Affin Bank to clear cheques that bear stamped-on signatures, before agreeing that such a situation would amount to unauthorised clearance of cheques if the cheques had stamped-on signatures.

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Zahid signed 51 Yayasan Akalbudi cheques worth RM31 million, says witnessKUALA LUMPUR (Bernama): The High Court here on Tuesday (Feb 11) was told that former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi signed 51 cheques, including a banker's cheque, totalling RM31 million in funds belonging to charity foundation, Yayasan Akalbudi, in order to make several payments, including that for his personal use. Jap kak long nk susun ayat Nmpk gaya mcm x sempat nk buat pakatan nasional fitnah!
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