KUALA LUMPUR: The RM65mil funds from Yayasan Akalbudi (YAB) that went into a fixed deposit account at Messrs Lewis & Co came from the contributions of individuals and corporate bodies, the High Court was told.
Former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi said the funds that were given to YAB - a charity foundation he established - were meant for charity purposes.
The Umno president also testified that he had never instructed any lawyers or staff from the law firm Lewis & Co, including its clerk V. Sothilechmy, to deposit the funds into a fixed deposit account between 2016 and 2017. "When I appointed Lewis & Co to manage the funds of YAB, Muralidharan told me that he would manage it by opening a fixed deposit account for YAB to earn interest.Ahmad Zahid also denied ever giving instructions to Muralidharan to make a payment of RM5.9mil for two bungalow lots in Country Heights, Kajang, from the FD account.
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