KUALA LUMPUR, Aug 21 — Singer Datuk Seri Siti Nurhaliza's businessman husband Datuk Seri Khalid Mohamad Jiwa today defended a RM10 million cheque from Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi's charitable organisation Yayasan Akalbudi in 2015 to the company Armada Holdings Sdn Bhd.
“But not through this method, giving loans to rich people's company who are not poor, who need help because of poverty,” Dusuki replied. Explaining how Zahid ended up giving RM10 million via a Yayasan Akalbudi cheque to Armada Holdings, Khalid said his hometown friend from Kedah and business partner Datuk Wasi Khan @ Wasiyu Zama Israr's company Armada Holdings wanted to bid for a contract to supply coal to energy provider Tenaga Nasional Berhad .
He added that the reduction to RM5 million would be “nothing significant” in terms of paid-up capital difference. Datuk Seri Ahmad Zahid Hamidi at the Kuala Lumpur High Court August 21, 2023. — Picture by Sayuti Zainudin