Zahid says did not question source of RM7 million donated to Yayasan Akalbudi

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Ahmad Zahid Hamidi tells the KL High Court he did not question the source of the RM7 million donated to Yayasan Akalbudi by two businessmen as it was donated for religious activities and charity purposes, not for his use. – The Malaysian Insight file pic, July 6, 2022.

AHMAD Zahid Hamidi told the Kuala Lumpur High Court today he did not question the source of the RM7 million donated to Yayasan Akalbudi by two businessmen as it was donated for religious activities and charity purposes, not for his use.  

Zahid, 69, said he must consider the donations to the foundation were made with good intentions because it carries out charity work for non-Muslims, not only in the Bagan Datuk parliamentary constituency but also in other areas facing floods.

He said this when questioned by deputy public prosecutor Harris Ong Mohd Jeffery Ong on the source of the RM5 million that was donated by a textile wholesaler Junaith Asharab Md Shariff and RM2 million the foundation received from goldsmith Mubarak Hussain Akhtar Husin.

The former deputy prime minister also said he could not question their intentions in making the donations, adding that any contributions were considered a donation to the foundation.

“The individuals involved are not members of a secret society and police are not investigating them. It concerns the issue of integrity. I cannot question their intentions when making the contributions, and any contributions I consider a donation to the foundation,” he said.

The Bagan Datuk lawmaker also said there was no record on the receipt of the donations because the money was credited into Messrs. Lewis & Co’s client account, which is the law firm that handles the foundation’s funds.

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“There are allegations the donations received were credited into my account, but it is not true and against the law. The donation cheques were given to Messrs. Lewis & Co,” he said.

Meanwhile, Zahid did not agree with Harris’ suggestion that he was free to do anything he wanted with donations received in the name of charity.

He said the donations were used in accordance with the guidelines and objectives of the foundation’s establishment – to carry out charity work and help the needy.

On the withdrawal of the funds totalling RM17.9 million to help his daughter Nurulhidayah to take over the shares of Ri-Yaz Asset Sdn Bhd and operate a boutique hotel in Bali, Indonesia, Zahid said it was not done for the benefit of his daughter or himself.

Harris: Foundation funds are donated by donors for charity work for Muslims and non-Muslims, but the investment (Ri-Yaz) derailed from the objective.

Zahid: Based on the objectives of the foundation’s trustee and the M&A (Memorandum and Articles of Association), investments are made to generate extra income to carry out charity work.