Zahid ordered bank to transfer Yayasan Akalbudi money to trustee
FORMER deputy prime minister Ahmad Zahid Hamidi instructed Affin Bank to withdraw money from Yayasan Akalbudi’s fixed deposit account and transfer it to a law firm in the form of banker’s cheques, Kuala Lumpur High Court was told today.
Affin Bank operations officer Narimah Miswadi testified the banker’s cheques, worth almost RM18 million were to be made out to Messrs Lewis and Co in 2016 to fund the construction of a building in the foundation’s name in Bagan Datuk, Perak. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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