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%

United States News News

United States United States Latest News,United States United States 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...

 

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

United States United States Latest News, United States United States Headlines