Zahid trustee received RM66 million in cheques, says witness

Umno president Ahmad Zahid Hamidi is on trial facing 27 counts of money laundering, 12 counts of criminal breach of trust involving funds belonging to Yayasan Akalbudi and eight counts of corruption. – The Malaysian Insight file pic, July 30, 2020.

MESSRS Lewis & Co, a trustee of the charity foundation Yayasan Akalbudi belonging to Umno president Ahmad Zahid Hamidi, received more than RM66 million via cheques from various people and companies between 2016 and 2018, the High Court in Kuala Lumpur heard today.

An accountant from Lewis & Co, V. Sothilechmy, 67, said the law firm’s owner, B. Muralidharan, had directed her to deposit the cheques into the firm’s bank account before transferring the money into two fixed deposit accounts.

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