Khalid, better known by the moniker Datuk K, was testifying as the eighth defence witness for Zahid in the latter's trial involving 47 charges.Throughout his testimony, Khalid kept insisting that the RM10 million was an investment by Yayasan Akalbudi into his friend and business partner's firm Armada, while the prosecution argued that it was a loan by Yayasan Akalbudi to the company.
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