Zahid used RM17.9mil of Yayasan Akalbudi fixed deposits to finance daughter's hotel purchase bid, High Court told

KUALA LUMPUR: Datuk Seri Dr Ahmad Zahid Hamidi (pic) used RM17.9mil of fixed deposit withdrawals from Yayasan Akalbudi (YAB) funds to finance his daughter’s bid to buy a hotel in Bali, the High Court here was told.

Deputy public prosecutor Datuk Raja Rozela Raja Toran said the Umno president’s daughter, Datuk Nurulhidayah, was interested "to run the hotel" and that YAB’s funds had been used for a different purpose than intended.