Zahid faces new CBT charge


Ahmad Zahid Hamidi (left) on the campaign trail with the BN candidate Zakaria Hanafi in Semenyih yesterday. The Umno president also faces 46 counts of CBT, abuse of power and money-laundering involving RM114 million. – The Malaysian Insight pic by Nazir Sufari, February 20, 2019.

AHMAD Zahid Hamidi was today slapped with a new criminal breach of trust (CBT) charge in relation to alleged abuse of funds at Yayasan Akal Budi.

The former deputy prime minister was charged at the Kuala Lumpur Sessions Court for allegedly committing CBT amounting to RM260,000.

He is accused of using Yayasan Akal Budi funds to make a payment to TS Consultancy and Resources on December 23, 2016.

Zahid pleaded not guilty when the charge was read out before Kuala Lumpur Sessions Court judge Azura Alwi. The case is set for mention on February 28.

The Umno president left without speaking to the media. 

This brings the criminal charges against the politician to 47 – 12 counts of CBT involving RM21.1 million, eight corruption charges amounting to RM21.25 million and 27 money-laundering charges totalling RM72.06 million.

In December, Zahid was charged with CBT involving RM10 million for allegedly loaning the amount from Yayasan Akal Budi to Armada Holdings Sdn Bhd.

In October, Zahid claimed trial to 45 counts of CBT, abuse of power and money-laundering involving RM114.15 million.

This included 10 counts of CBT involving RM20.8 million of Yayasan Akal Budi funds between 2014 and 2016.

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 2018 in the form of bank deposits to a Maybank account. – February 20, 2019.


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