Zahid hit with 45 charges of CBT, money laundering and graft
Friday, 19 Oct 201810:48 AM MYT
KUALA LUMPUR: Datuk Seri Dr Ahmad Zahid Hamidi has been slapped with 45 charges at the Sessions Court here under the Malaysian Anti-Corruption Commission Act and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.
The Umno president faces 27 counts under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act, 10 counts for committing breach of trust under Section 409 of the Penal Code and 8 counts of receiving bribe under Section 16 (a)(b) of MACC Act 2009.
Sessions Court judge Azura Alwi set bail at RM2mil to be paid in two instalments on Friday (Oct 19).
The court ordered RM1mil to be paid on Friday (Oct 19) and the balance before or on Oct 26.
The mention date is fixed for December 14
On Thursday, investigators arrested the 65-year-old former deputy president at 3.15pm.
Dr Ahmad Zahid was investigated over allegations of misappropriation of funds belonging to Yayasan Akal Budi, of which he is the chairman.
He is said to have used RM800,000 of the foundation's money to settle his credit card bills.
Read more at https://www.thestar.com.my/news/nation/2018/10/19/zahid-hit-with-45-charges-of-cbt-money-laundering-and-graft/#Wiv9VM3Y6jUrabje.99
