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Ex-Malaysian DPM Zahid pleads not guilty to amended money-laundering charge


KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Malaysia s former deputy prime minister Ahmad Zahid Hamidi on Tuesday (March 9) pleaded not guilty to an amended charge of money laundering involving funds from his family-owned welfare foundation Yayasan Akalbudi at the Kuala Lumpur High Court.
Zahid was alleged to have given, in cash, the RM7,511,250.20 (S$2.45 million) to Bukit Bintang-based money changer Omar Ali Abdullah and instructed him to convert the money into 35 cheques which were later given to Messrs Lewis & Co for the opening of Maybank fixed deposit accounts. The money had originated from questionable sources, Malaysian Anti-Corruption Commission (MACC) investigator Mohd Fahmee Mohamad Nor testified. ....

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Zahid pleads not guilty to amended money-laundering charge


KUALA LUMPUR: Datuk Seri Ahmad Zahid Hamidi
(pic) has claimed trial at the High Court here to an amended charge of money laundering involving funds from charity foundation Yayasan Akalbudi.
Still in the middle of his graft trial, which is into its 49th day, the Umno president claimed the amended charge was aimed at making his sentence heavier.
I understand that this (amended) charge is to increase my sentence. Thank you, I plead not guilty, he said after the charge was read to him here on Tuesday (March 9).
Earlier, High Court judge Justice Collin Lawrence Sequerah allowed the prosecution s application to amend the 27th charge against the former deputy prime minister and ordered the new charge to be read out. ....

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Yayasan Akalbudi funds: Ahmad Zahid pleads not guilty to amended charge


09 Mar 2021 / 13:53 H.
Bernama
KUALA LUMPUR, March 9: The prosecution in the case of former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pix, left) involving Yayasan Akalbudi funds, today amended a money laundering charge by making changes on the amount and value of the cheques.
“I understand this (amended) charge is to make the sentence heftier for me. Thank you. I plead not guilty,” said Ahmad Zahid.
He made the plea after the amended charge in the money laundering case involving the Yayasan Akalbudi funds was read to him before High Court Judge Collin Lawrence Sequerah prior to the commencement of the trial. ....

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