UMNO president Ahmad Zahid Hamidi was charged with RM10 million criminal breach of trust (CBT) at the Kuala Lumpur Sessions Court today for loaning funds from his foundation to another company in 2015.
This brings the criminal charges against the politician to 46.
He claimed trial to the charge.
Zahid allegedly loaned RM10 million from Yayasan Akalbudi funds to Armada Holdings Sdn Bhd.
Judge Rozina Ayob set February 20 next year for case mention and did not impose bail.
Ten original charges were also read out to him today.
In October, Zahid claimed trial to 45 counts of CBT, abuse of power and money-laundering involving RM114.15 million.
RM21.25 million was allegedly for kickbacks for approving projects related to foreign worker recruitment when he was home minister.
For the 27 money-laundering charges, the sum involved was about RM72 million, and included the purchase of two bungalow lots in Kajang, valued at RM5.9 million.
Most of the charges under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 were for offences that allegedly took place between May 2016 and April this year, in the form of bank deposits to a Maybank account. – December 14, 2018.
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