YAB funds came from contributions, not proceeds from illegal activities, says Zahid


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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Flocking to the Land of Smiles
Bivalent vaccines looking unlikely
Keeping tabs on kids made easy
Thai dog gets special treatment during floods
Hotel bookings up across the board in Johor this week
Closer to becoming a real surgeon
G25: More harm than good
Govts taking steps to protect kids in digital age
Man tries to pay alimony in coins
Rushing to buy gifts for exchange

Others Also Read