Zahid Hamidi Charged with CBT offence involving RM10 million from Yayasan Akal Budi, his family-run foundation.

Another CBT charge for Zahid Hamidi
V Anbalagan
-December 14, 2018 11:49 AM

FMT

Ahmad Zahid Hamidi is all smiles as he arrives at the court complex in Jalan Duta, Kuala Lumpur today.

KUALA LUMPUR: Ahmad Zahid Hamidi was slapped with yet another charge today, adding to the 45 charges of corruption and criminal breach of trust (CBT) that the Umno president is facing.

He claimed trial in the Sessions Court today to a CBT offence involving RM10 million from Yayasan Akal Budi, his family-run foundation.

Zahid as trustee of the foundation is said to have loaned the money to Armada Holdings Sdn Bhd.

The former deputy prime minister allegedly committed the offence at a branch of Affin Bank in Kuala Lumpur on Dec 8, 2015.

Last month, Zahid claimed trial to 45 charges related to CBT, money laundering and corrupt practices.

Ten CBT charges, with the highest amount involving RM17 million, come under Section 409 of the Penal Code, while eight charges were under Section 16 of the Malaysian Anti-Corruption Commission Act, for accepting bribes for various projects during his time as the home minister.

The remaining 27 charges relate to money laundering under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

The court read the 10 CBT charges to Zahid again today as there were amendments to the dates, while eight charges of accepting bribes were converted to CBT.

This means Zahid now faces 19 CBT charges amounting to RM151 million and 27 money laundering accusations totalling RM72 million.

Raja Rozela Raja Toran prosecuted while Hisyam Teh Poh Teik and Kitson Foong represented Zahid.

Judge Rozina Ayob fixed Feb 20 for case mention.