Zahid: Tycoon sold bungalow because he needed cash


KUALA LUMPUR: Housing developer Tan Sri Lee Kim Yew, the founder and chairman of Country Heights Holdings Bhd, needed money urgently and sold two bungalow units at a discounted price of RM5.9mil, says Datuk Seri Dr Ahmad Zahid Hamidi (pic).

Ahmad Zahid, 69, said Lee offered to sell the bungalows in Country Heights, Kajang, below the market price because he was having trouble paying his income tax.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

Ahmad Zahid , Yayasan Akalbudi , YAB ,

   

Next In Nation

Flood mitigation projects worth RM1bil underway in Melaka, says DPM Fadillah
Muar woman loses RM124,400 in investment scam
DBKL seals 27 premises for defaulting on assessment fee
Investigation underway following drowning of JKR staff in rafting accident
How whistleblower protection works is often misunderstood, says Azam Baki
Ibrahim Saad buried at Bukit Kiara Muslim cemetery
Kitingan: Sabah IC the key to authenticating Sabahans
PM Anwar, Sultan of Brunei meet on sidelines of Apec Economic Leaders' week
MetMalaysia: Thunderstorms, heavy rain expected for part of peninsula, Sabah, Sarawak until 4pm
Hotels determine check-in, check-out times, choice up to users, says Perak MB

Others Also Read