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Tag: Ahmad Zahid Hamidi trial
The High Court here today heard that Datuk Seri Dr Ahmad Zahid Hamidi's younger brother, Datuk Seri Mohamad Nasaee bought two bungalows in Country Heights, Kajang worth RM5.9 million using a cheque from Messrs Lewis & Co, a trustee of Yayasan Akalbudi belonging to the former deputy prime minister.
The High Court here was told that almost RM100 million was deposited into the accounts of Lewis & Co, the trustee of Yayasan Akalbudi belonging to former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi, between May 2016 and April 2018.
The High Court here was today told that Yayasan Akalbudi, founded by former deputy prime minister Ahmad Zahid Hamidi had never submitted its annual general meeting (AGM) and audit reports to the Malaysian Companies Commission (SSM) since its establishment in 1997.
The High Court here was told that former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi earned a monthly salary and allowance totaling RM44,383.15, when holding that position from July 28, 2015 to May 9, 2018.
A former member of Yayasan Akalbudi board of trustees, told the High Court here that Ahmad Zahid Hamidi ordered him to sign blank cheques in the name of the foundation without being informed the purpose of the cheques.
The KL High Court dismissed an application by Ahmad Zahid Hamidi to challenge the constitutionality of the Malaysian Anti-Corruption Commission Act and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 over admissibility of documentary evidence.
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