KUALA LUMPUR: Ahmad Zahid Hamidi paid RM10 million from Yayasan Akalbudi’s account to enable a company to meet the tender requirements for the supply of Indonesian coal to Tenaga Nasional Berhad , the High Court here heard today.
Khalid said he arranged for the meeting after being informed that Wasi’s company needed RM10 million to fulfil TNB’s requirement for the minimum paid-up capital for the tender. According to Wasi, Khalid said he knew Yayasan Akalbudi was managed by Zahid and that the money had been withdrawn from a fixed deposit belonging to the foundation.
“The RM10 million was returned together with interest payment and did not incur any losses,” he said.
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