MACC to quiz Zahid over use of foundation funds to settle credit card debts

Updated 5 years ago · Published on 1 Jul 2018 10:25AM · 8 Comments

Umno president Ahmad Zahid Hamidi allegedly met the Saudi prince who donated billions of ringgit to former prime minister Najib Razak. – The Malaysian Insight file pic, July 1, 2018.

THE Malaysian Anti-Corruption (MACC) is expected to question newly minted Umno president Ahmad Zahid Hamidi tomorrow over allegations that he had used funds from a foundation to settle credit card bills, The Star reports.

The former deputy prime minister will also have his statement taken over his alleged claim in 2015 that a member of the Saudi royal household donated the US$700 million which went into former prime minister Najib Razak’s bank accounts.

Sources told the English daily that several documents have been found showing the payment transactions to Zahid and his wife using the foundation’s funds.  

It was to settle a credit card bill owned by Zahid and his wife amounting to RM800,000.

“We will want to find out if there is any truth to these claims of Zahid using funds from the foundation for personal use,” a source told The Star.

Zahid is the chairman of the foundation that was registered in 1997 whose purpose was to eradicate poverty.

“Investigators will also be asking about a statement which he made about him meeting a Saudi prince. We would like to find out more about this person whom he is said to have met and what transpired during the meeting,” said another source.

Zahid revealed the meeting with the Saudi donor on August 22, 2015 at the opening of the Sri Gading Umno division.

He said the donation was in view of Malaysia’s commitment to fighting terrorism and being a moderate Muslim nation with a plural society. – July 1, 2018.

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Comments

  • Grill him 3pls. Also those in the previous cabinet. 107 mil from youth and sport ministry. 250 mil from cow woman and many more.

    Posted 5 years ago by Wire bug · Reply

  • Yes, he has a long list of companies which he owns. Kindly investigate that too

    Posted 5 years ago by Peace Maker · Reply

  • What’s the problem, he was eradicating his family from being poor by paying from the foundation. That’s the umno way, isn’t it ? Take money for yourself, family,and friends...finally about 2 percent or less is left for what it was intended for.

    Posted 5 years ago by Alphonz Jayaraman · Reply

  • RM800k credit card bill? I'm sure there were very plausible explanations for this. Wonder if any Birkins purchased?

    Posted 5 years ago by Ooi Heong Teoh · Reply

  • His happiness and joy of being "democratically" elected as Umno president may be short lived. I am pretty sure that there are many scndals and corrupted practises in him to warrant an arrest . Najib and Rosmah needs loyal supporters inside the cell company. Zahid just registered himself.

    Posted 5 years ago by Lee Lee · Reply

  • dun miss out Pandikar the speaker

    Posted 5 years ago by Ho Beewah · Reply

  • This first generation Malaysian will have his day in Court. I hope it is sooner rather than later.

    Posted 5 years ago by Henry Mancini Jr · Reply

  • All genuine wealth can be accounted for, but unexplained wealth is corruption.

    Posted 5 years ago by Henry Mancini Jr · Reply