News

Zahid Uses RM 1.3 Million Charity Fund To Pay For His Wife’s Shopping Spree At Giorgio Armani , Louis Vuitton & Hermes

High-end shopping sprees by Zahid and wife paid for with funds from charity outfit, court told

The High Court in Kuala Lumpur was today told that former deputy prime minister Ahmad Zahid Hamidi had used over RM1.3 million in Yayasan Akalbudi funds to pay for his credit card charges for shopping at luxury stores like Giorgio Armani, Louis Vuitton and Hermes.

Deputy public prosecutor Raja Rozela Raja Toran said Zahid and his wife, Hamidah Khamis, had spend the amount (over RM1.3 million) for shopping in just two years.

She said the extensive use of the credit cards for purchases at high-end department stores around the world and locally could be seen through the monthly credit card statements.

“Although the spending habit of the accused and his wife may not be an issue in the case, one cannot help but wonder if they had in mind the poor folks in Malaysia as they went on their shopping spree at stores like at Giorgio Armani, Louis Vuitton and Hermes,” she added.

Raja Rozela said this in her submission at the end of the prosecution’s case against Zahid, who is facing 47 charges of criminal breach of trust (CBT), corruption and money laundering involving Yayasan Akalbudi funds.

She said Ambank senior vice-president Yeoh Eng Leong, the 10th prosecution witness, had confirmed that based on the exhibited credit card statements, the total amount of payment the bank received from January 2014 to January 2016 was RM1,296,715.98.

“From January to December 2014 it was RM534,412.52; RM708,134.47 for January to December 2015 and RM54,168.99 in January 2016,” she added.

She said the ninth prosecution witness, Maybank vice-president (fraud and dispute management) Anoop Singh Gulzara Singh, had verified the receipt of six payments totalling RM30,771.19 (between February and October 2014), one payment in March 2015 for RM3,914.84, and another in July 2015 for RM30,635.80.

Raja Rozela said Zahid also used funds from Yayasan Akalbudi to pay the road tax and insurance of 20 vehicles belonging to him, his wife, BZ Motors and Juhari Janan between January and September 2015.

“The total amount involved was RM107,508.55. None of the vehicles belonged to Yayasan Akalbudi,” she added.

Zahid, 68, is facing 47 charges – 12 of CBT, eight of corruption, and 27 of money laundering – involving tens of millions of ringgit belonging to Yayasan Akalbudi.

42 Comments

42 Comments

  1. Pingback: UMNO Tajuddin Rahman’s 'Palace' In Damansara Heights Occupying 4 Lots Of Land & 3 Bungalows - The Coverage

  2. Aurliepakt

    July 9, 2022 at 12:07 am

    my konami free slots
    play online slots & casino
    free sim slots

  3. Shaynapakt

    July 13, 2022 at 1:46 am

    dissertation paper writing service
    help with masters dissertation
    dissertation writing guide

  4. Shaynapakt

    July 13, 2022 at 3:48 am

    help with masters dissertation
    writing editing services
    dissertation proposal template

  5. Shaynapakt

    July 13, 2022 at 4:50 pm

    dissertation chapters
    help writing
    18 month doctorate without dissertation

  6. Joetepakt

    July 15, 2022 at 6:03 am

    define dissertation
    best dissertation help services
    writing dissertation and grant proposals

  7. Chandapakt

    July 19, 2022 at 6:02 pm

    how to write a dissertation proposal
    dissertation help service quality
    defending your dissertation

  8. Chandapakt

    July 20, 2022 at 12:32 am

    tips for dissertation writing
    dissertation writing skills
    writing tutor

  9. Avivapakt

    July 21, 2022 at 5:35 am

    dissertation editing help
    dissertation writing services uk
    dissertation help near me

  10. Dortheapakt

    July 22, 2022 at 12:15 am

    chicago illinois dissertation help
    writing methodology for dissertation
    citing a dissertation

  11. Verieepakt

    July 22, 2022 at 7:47 pm

    writing a master’s dissertation
    best dissertation writing service
    proquest dissertation

  12. Glynnispakt

    July 23, 2022 at 12:57 pm

    dissertation help near me
    uf thesis and dissertation
    dissertation topics

  13. Suzannpakt

    July 24, 2022 at 1:00 pm

    help tutor
    help writing a dissertation
    thesis help

  14. Sallipakt

    July 25, 2022 at 7:32 am

    dissertation topic
    phd thesis vs dissertation
    defending dissertation

  15. Darsiepakt

    July 26, 2022 at 4:00 am

    how to cite a dissertation
    english dissertation help
    buy dissertations online

  16. Tandipakt

    July 26, 2022 at 12:23 pm

    no deposit casino online
    online casino bonuses
    online casino with free signup bonus real money usa no deposit

  17. Mabellepakt

    July 27, 2022 at 1:47 am

    dissertation help service binding
    sample dissertation
    doctoral dissertation help history

  18. Tandipakt

    July 27, 2022 at 1:50 pm

    casino usa online
    bonus casino
    casino bonus no deposit

  19. Jenneepakt

    July 27, 2022 at 11:27 pm

    dissertation help scam
    dissertation help service binding
    doctoral dissertation help qualitative

  20. Abagaelpakt

    July 28, 2022 at 2:12 pm

    online gambling reviews
    bonus casino no deposit
    casino real money

  21. Herminapakt

    July 28, 2022 at 7:55 pm

    writing services
    cheap dissertation help
    buy art online berlin

  22. Shaylapakt

    July 29, 2022 at 1:23 pm

    online gambling sites no deposit
    online casino for real money
    online casinos no deposit

  23. Audrepakt

    July 29, 2022 at 3:36 pm

    dissertation writing services in usa
    phd without dissertation
    bestdissertation

  24. Hestiapakt

    July 30, 2022 at 11:31 am

    acknowledgements dissertation
    cheap dissertation writing
    dissertation meaning

  25. Verenapakt

    July 30, 2022 at 12:15 pm

    more casino games
    mobile casino real money
    best casino welcome bonus

  26. Dixiepakt

    July 31, 2022 at 10:18 am

    casino sites
    online real money casinos
    free casino money

  27. Laureenpakt

    August 1, 2022 at 8:21 am

    best online casino bonus
    casino online usa
    best online usa casinos

  28. Frannipakt

    August 2, 2022 at 9:14 am

    online casino us
    casinos sites
    online casinos for us players

  29. Pearlpakt

    August 3, 2022 at 7:35 am

    best online casino real money
    gambling online for real money
    casinos online usa

  30. Bobbiepakt

    August 4, 2022 at 6:06 am

    win money online
    blackjack app real money
    betonline casino

  31. Lesliepakt

    August 5, 2022 at 4:20 am

    online casino games real money
    no deposit sign up bonus
    no deposit bonus

  32. Trudiepakt

    August 8, 2022 at 4:37 am

    sign up bonus casino
    free bonus casino
    casino deposit bonuses

  33. Honorpakt

    August 8, 2022 at 5:05 am

    free vpn
    free vpn servers
    free vpn firefox

  34. Teddiepakt

    August 9, 2022 at 1:32 am

    best free vpn for macbook
    vpn vanish
    free vpn usa

  35. Jaynellpakt

    August 9, 2022 at 4:26 am

    top usa online casinos
    online casino reviews usa
    online casino no deposit bonus

  36. Jenneepakt

    August 10, 2022 at 9:50 am

    vpn for pc windows 10 free
    best vpn for firefox
    ipvanish vpn

  37. Dulceapakt

    August 10, 2022 at 12:18 pm

    online casino bonuses
    no deposit bonus casinos
    free sign up bonus

  38. Jenneepakt

    August 11, 2022 at 6:01 am

    best vpn for windows free
    best vpn router 2022
    hola vpn chrome

  39. Carolanpakt

    August 11, 2022 at 11:33 am

    mobile casino real money
    online casino best welcome bonus
    mobile online casinos

  40. Ashleighpakt

    August 12, 2022 at 2:20 am

    how to use vpn to buy crypto
    best free windows 10 vpn
    best price vpn

  41. Fanyapakt

    August 12, 2022 at 11:27 am

    best online bingo
    no deposit welcome bonus casino
    online casino for real money

  42. Kelseypakt

    August 12, 2022 at 11:28 pm

    vpn network
    secure line vpn review
    fastest free vpn

Leave a Reply

Your email address will not be published.

Most Popular

To Top