A RM9 million donation to Umno president Ahmad Zahid Hamidi to build mosques was purely an investment for the afterlife, said a witness in his corruption trial.
Mohd Jimmy Wong Abdullah, who is a non-executive director in MyEG, told the Kuala Lumpur High Court the donation which was made through 14 demand drafts and bank cheque between May 2016 and March 2018, was to build two mosques.
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Zahid willing to settle RM8.79mil outstanding loan for daughter to take over company, court heardKUALA LUMPUR (Bernama): Datuk Seri Dr Ahmad Zahid Hamidi was willing to advance USD$2.058mil (RM8.79mil) from his foundation Yayasan Akalbudi to settle outstanding loan repayments for Ri-Yaz Asset Sdn Bhd, to enable his daughter Nurulhidayah to take over the shares of the company, the High Court here was told on Tuesday (July 14).
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Witness: Zahid wanted to advance US$2.058m to help daughter do businessZAHID TRIAL | Former Exim bank chair testifies the payment was meant to pay off Ri-Yaz Asset Sdn Bhd's debts.
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