Zahid used RM17.9mil of Yayasan Akalbudi fixed deposits to finance daughter's hotel purchase bid, High Court told

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KUALA LUMPUR: Datuk Seri Dr Ahmad Zahid Hamidi used RM17.9mil of fixed deposit withdrawals from Yayasan Akalbudi (YAB) funds to finance his daughter’s bid to buy a hotel in Bali, the High Court here was told.

used RM17.9mil of fixed deposit withdrawals from Yayasan Akalbudi funds to finance his daughter’s bid to buy a hotel in Bali, the High Court here was told.

The DPP elaborated on the money trail starting with Ahmad Zahid giving specific instructions to Affin Bank to withdraw all monies from seven time deposit accounts via a letter dated June 23, 2016. A partner at the law firm had testified that he was instructed by the accused to make the payment for the purpose of purchasing 60% of shares in the company from Ri-Yaz Asset’s chairman Tan Sri Rashid Manaf.He had also told the court that he sought to sell off his shares because the company was facing difficulties in terms of repaying a US$24.8mil EXIM Bank loan for the purchase of the hotel in Bali.

“We humbly submit that the accused had dishonestly misappropriated RM17.9mil of the funds from the seven fixed deposits belonging to YAB,” she said.

 

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then? is he going to jail? cibai Malaysia law strict abit la🖕🏻everyday also got donation meh?

rm17.9juta?..mak aihhhh, mcm rm17.90 je 🤦🏻‍♂

Waste of court time. Everyone knows he’ll escape to Germany and case be dropped. Keluarga Malaysia 69 kan?

Jadi ni kerja abang zahid masa having power di umno ya. Patutlah die die also wan to hold the power in Malaysia. Orang orang yang sokong sangat dengan abang zahid ni, ada kena beli rumah hotel tak Diam saja…

Alhamdulillah. Sekurangnya nasib orang melayu terbela lepas beli hotel ni. Boleh la melayu duduk hotel free lepas ni. Eh

Last last terlepas jugak, case close, donation, sumbangan dari Arab... Macam tak biasa

So what will happen after this? Nothing…..life goes on as usual. Wanna bet?

Corrupt to the core. Yet Umno still carries him as the President. What the heck.

No surprises at all.....

DrZahidHamidi should not be umnoonline president. He should step down, admit guilt & be put in prison for the rest of his natural life TrustNoOne

Hahaha Korang dengki ke?

Yet the judge allows the Kleptokrat to get back his passport!

There are two type of Law in Malaysia. One for politicians and one for the Rakyat .

Why you all jeles, she got that BintiAhmadZahid package deal la.

Rampas semua Wang orang ini, Dan bg pada rakyat. Hairan lg blh pegang jawatan Tinggi UMNO

So BRAZEN to use money that is not even his! BaganDatuk is better off with him.

Memang berakal betul.

Takde akal tak kenang budi betul‼️‼️ 😡😡😡😡

It’s all good man. It’s all their own people running the show. They will beat the news drum for a bit, he will feint some remorse and play the victim card then two years down the road it will all be but a memory.

Adopted by ice-cream peddlar , only to grow up creaming the public

Kalau lepas ni court malaysia memang haram jadah la

Poor fellow

I never let my daughter use my money to purchase hotels or houses, I insist she uses her own money. That's the only way to be good in Monopoly. Practice, practise, practise.

Zahid is a former banker, so no brainer using Akalbudi as his private bank.

manjakan sangat kak long tu.

Pity those poor malays. All too blind to see. Didn’t the daughter used to bark a lot? Whole family thieving

nanti mula la episod baru anak dia nangis dan bla..bla..bla..rawatan tulang belakang di Jerman..dan..bla..bla..bla sampai Abg Jamil mammmmmm.....😏😅

Nobody in the banks blinked when millions were transferred out . Just like billions were taken out by Jibby , Daiimm etc

Dia beli hotel? Wah

More like CHARITY BEGINS FROM WHICH HOME!! No different from the Thief's cases. USD DONATED coz a CHINESE ARAB trusted him in promoting ISLAM via UMNO Baru!! SICK BASTARDS!!

Every one knows, but then law needs all kind of proof. So it will twisted in many ways until some magic wand waves and all cleared. We seen many these past months. Scot-free to many who been charged or prosecuted. SPRMMalaysia seems to be worse dept of 2021. AGCPutrajaya

Charity of course begins at home!

Tidak serik walaupun berulang kali ditipu pengeluar dadah

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