Witness: Zahid wanted to advance US$2.058m to help daughter do business

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

ZAHID TRIAL | Former Exim bank chair testifies the payment was meant to pay off Ri-Yaz Asset Sdn Bhd's debts.

| Ahmad Zahid Hamidi once voiced his willingness to advance US$2.058 million from "foundation funds" to facilitate a corporate takeover by his daughter, a witness told the Kuala Lumpur High Court today.

Former Exim bank chairperson Mat Noor Nawi said the payment was meant to pay off Ri-Yaz Asset Sdn Bhd's debts before Nurulhidayah Ahmad Zahid could acquire a 60 percent stake in the company...

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:

 /  🏆 20. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines