Zahid asked for almost RM18m from Yayasan Akalbudi to be transferred to trustee law firm, says witness | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

KUALA LUMPUR, Nov 20 — Former deputy prime minister Datuk Seri Ahmad Zahid Hamidi had personally instructed for the liquidation of almost RM18 million from the Yayasan Akalbudi foundation’s fixed deposit accounts to be issued to a law firm by way of banker’s cheques, the High Court was told...

Zahid asked for almost RM18m from Yayasan Akalbudi to be transferred to trustee law firm, says witnessDatuk Seri Ahmad Zahid Hamidi had personally instructed for the liquidation of almost RM18 million from the Yayasan Akalbudi foundation’s fixed deposit accounts to be issued to a law firm by way of banker’s cheques, the High Court was told today. — Picture by Shafwan Zaidon

Narimah Miswadi, the prosecution’s sixth witness, made the revelation during today’s proceedings adding how the instructions were given to her by Zahid during a June 2016 meeting at his office in Putrajaya. “Based on the instructions of Datuk Seri Ahmad Zahid Hamidi, I made an application for approval from the headquarters to allow Yayasan Akalbudi to use banker’s cheques to make the payments to Messrs Lewis & Co,” she said when reading out her witness statement today.

Proceedings today were before Judge Collin Lawrence Sequerah, with Datuk Raja Rozela Raja Toran and Deputy Public Prosecutor Lee Keng Fatt appearing for the prosecution.During the cross-examination, Ahmad Zaidi had asked the witness if she knew the ‘buildings’ mentioned by Zahid actually were actually tahfiz schools and mosques meant to be constructed in Perak, to which she replied in the negative.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yayasan Akalbudi trustee: 'Zahid told me to sign blank cheques'KUALA LUMPUR: A former member of charity foundation Yayasan Akalbudi’s board of trustees told the High Court today that former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi had asked him to sign blank cheques.
Source: NST_Online - 🏆 17. / 53 Read more »

Witness: Zahid said RM17.9 million was to build Yayasan Akalbudi buildingKUALA LUMPUR: A bank officer told the High Court today that Datuk Seri Dr Ahmad Zahid Hamidi had ordered her to liquidate an amount of RM17.9 million from charity foundation Yayasan Akalbudi's fixed deposit account.
Source: NST_Online - 🏆 17. / 53 Read more »