Witness Zahid Wanted To Advance Us 2 058m To Help Daughter Do Business




ZAHID TRIAL | Ahmad Zahid Hamidi once voiced his willingness to advance US$2.058 million from "a foundation's funds" to facilitate a corporate takeover by his daughter, a witness told the Kuala Lumpur High Court today
Former Exim bank chairperson Mat Noor Nawi said the payment was meant to pay off Ri-Yaz Asset Sdn Bhd's debts before Nurulhidayah Ahmad Zahid could acquire a 60 percent stake in the company
Mat Noor was testifying in the trial against Zahid for corruption, criminal breach of trust and money laundering of millions of ringgit from Yayasan Akalbudi, and other allegations
According to the witness, it all started with a phone call he had with Nurulhidayah on May 19, 2016
"As best I can remember, Nurulhidayah had passed the phone to Zahid. Zahid said Nurulhidayah wanted to take over 60 percent shares in Ri-Yaz Asset from (its chairperson) Abdul Rashid Abdul Manaf," he said
Mat Noor said a meeting was later held sometime in June 2016 between himself, Zahid, Nurulhidayah, then Exim bank CEO Norzilah Mohammed, and Ri-yaz Asset director Mohammad Shaheen Shah Mohd Sidek
The half-hour meeting, held at the Deputy Prime Minister's Office in Putrajaya, was to secure Exim Bank's approval for the deal
During the meeting, Mat Noor said he informed Zahid that Ri-Yaz Asset owed US$2.058 million, which was the first tranche of repayment for a US$24.8 million loan the company took to finance the purchase of a hotel in Indonesia
"Zahid said he was willing to pay the loan debt of Ri-Yaz Asset worth US$2.058 million using a foundation's funds. But he did not tell me the name of the foundation
"Zahid then told us that if he advanced the foundation's funds, Nurulhidayah (below) and Shaheen would have to pay back the foundation," he said
According to Mat Noor, Nurulhidayah's share acquisition proposal was approved by Exim Bank's credit committee on Dec 14, 2016, with the requirement that Ri-Yaz Asset chairperson Rashid remained the loan's guarantor, and held at least a 10 percent stake in the company
However, he said Nurulhidayah did not proceed with her acquisition plans, and that shares were instead bought by an Indonesian company he had no knowledge of
While the share acquisition deal did not materialise, law firm Lewis & Co which is a trustee of Yayasan Akalbudi did receive two cheques from Ri-Yaz Asset
CIMB Bank branch manager Yap Mary had testified earlier that the company paid the foundation via cheques RM254,879 on July 15, 2016, and RM8.348 million on May 2, 2017
The second sum, RM8.348, is the ringgit equivalent at that time for the US$2.058 million owed by Ri-Yaz Asset to Exim bank. This was attested to by Mat Noor
During cross-examination, Mat Noor said on record, the payments to service Ri-Yaz Asset's loan had come from the company
He also said that Zahid's intent to make an advance was not considered an investment, and that using foundation funds for investment had never been discussed
Mat Noor said for Yayasan Akalbudi to make an investment it must be in line with the fund's statutory objective which is: "To receive and administer funds for the eradication of poverty and the enhancement of the welfare of the poor and to conduct studies and research relevant to the poverty eradication programme and to this end."Zahid is facing 47 charges, comprising 12 charges of criminal breach of trust and 27 charges of money laundering
For the money laundering charges, Zahid is accused of receiving RM65 million through Lewis & Co, with a majority of the amount used to place a fixed deposit in the law firm's name. - Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2020/07/witness-zahid-wanted-to-advance-us2058m.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Rm9m Donated To Zahid To Build Mosques An Afterlife Investment Witness

Rm9m Donated To Zahid To Build Mosques An Afterlife Investment Witness

papar berkaitan - pada 15/7/2020 - jumlah : 292 hits
A RM9 million donation to Umno president Ahmad Zahid Hamidi to build mosques was purely an investment for the afterlife said a witness in his corruption trial Mohd Jimmy Wong Abdullah who is a non executive director in MyEG told the Kuala L...
Kedah Seeks Federal Help With New Rm5 Bil Kulim Airport

Kedah Seeks Federal Help With New Rm5 Bil Kulim Airport

papar berkaitan - pada 3/7/2020 - jumlah : 445 hits
Kedah Menteri Besar Muhammad Sanusi Md Nor with Minister in the Prime Minister s Department Mustapa Mohamed at the MB s office in Wisma Darul Aman Alor Setar today ALOR SETAR Kedah Menteri Besar Muhammad Sanusi Md Nor today hoped Putrajaya ...
Two Years After Resigning Nurul Says Will Help Pkr But Will Avoid Politicking

Two Years After Resigning Nurul Says Will Help Pkr But Will Avoid Politicking

papar berkaitan - pada 5/7/2020 - jumlah : 395 hits
Permatang Pauh MP Nurul Izzah Anwar who two years ago resigned as PKR vice president and limited her attendance at public political functions today made an appearance at an event held by crisis hit Wanita PKR and made a commitment to streng...
Bonding Mom Daughter Again

Bonding Mom Daughter Again

papar berkaitan - pada 18/7/2020 - jumlah : 292 hits
Hi korang Hampir terlupa nak abadikan kisah Sabtu lepas dalam blog SA ni Sabtu lepas saje keluar berdua ngan Dania Lama x bonding together melayan perangai kami yang suka berjalan dan makan makan nampaknya Dania memang mengikut jejak mama d...
Prince Andrew S Daughter Beatrice Weds In Private Ceremony

Prince Andrew S Daughter Beatrice Weds In Private Ceremony

papar berkaitan - pada 18/7/2020 - jumlah : 170 hits
Britain 8217 s Princess Beatrice had postponed her planned wedding due to the coronavirus outbreak AFP Photo Prince Andrew 8217 s eldest daughter Princess Beatrice married her businessman fiance on Friday in a private ceremony after postpon...
Police Hunt On For Man Who Allegedly Raped Prostituted 13 Year Old Daughter In Kajang

Police Hunt On For Man Who Allegedly Raped Prostituted 13 Year Old Daughter In Kajang

papar berkaitan - pada 13/7/2020 - jumlah : 295 hits
Police are looking for a man to facilitate investigations relating to allegations of raping and prostituting his 13 year old daughter at their home in Kajang for the past three years Picture by Mukhriz HazimKUALA LUMPUR July 12 Police are l...
Johor Dap Chief Asks Grassroots To Help Keep Syed Saddiq In Muar

Johor Dap Chief Asks Grassroots To Help Keep Syed Saddiq In Muar

papar berkaitan - pada 12/7/2020 - jumlah : 331 hits
Johor DAP head Liew Chin Tong in a briefing for party members in Bakri and Muar urged them to help return former Bersatu Youth chief Syed Saddiq Abdul Rahman as the Muar MP during the next general election even though he is not from the sam...
Imigresen Keluarkan Wanted List Untuk Warga Bangladesh Dalam Video Al Jazeera

Imigresen Keluarkan Wanted List Untuk Warga Bangladesh Dalam Video Al Jazeera

papar berkaitan - pada 7/7/2020 - jumlah : 317 hits
Isu Al Jazeera yang menyebarkan berita berat sebelah tentang cara Malaysia urus warga asing sewaktu Covid 19 mendapat kecaman hebat dan sekarang gambar lelaki yang dikenali sebagai Rayhan Kabir warga Bangladesh yang memberikan kenyataan men...
Dugaan Pagi Khamis

Kelly Ripa And Lola Consuelos Legs And Feet In Tights

Insentif Mahasiswa Johor Sesi 1 2025

Johari Abdul Ghani Dijangka Ganti Tengku Zafrul Disember Ini

A Noble Idea But Can A Non Islamic Religious Affairs Advisory Board Strengthen National Unity

Sambal Bendi Goreng

Utp Breaks Into Top 50 In Asia University Rankings

Akademik Etiqa


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Lepasan Spm Saya Syorkan Jadi Akauntan Bertauliah Macam Saya

Petua Hilangkan Lenguh Sakit Badan Dan Rasa Kebas Kebas

Kedah Akan Terus Tuntut Pulau Pinang Mengikut Perlembagaan Dan Lunas Undang Undang

A Country Residence In Moscow By Ariana Ahmad Where Refined Design Meets Artful Living

Pahang To Reclaim Encroached Land Using Full Extent Of Law Mb

Don T Be Too Quick On The Draw