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Zahid pleads not guilty to additional CBT charge

Datuk Seri Ahmad Zahid Hamidi

Datuk Seri Ahmad Zahid Hamidi

Syndicated News
Written by Syndicated News

KUALA LUMPUR, Dec 14 2018 : Umno president Datuk Seri Dr Ahmad Zahid Hamidi was charged in the Sessions Court here today with an additional count for criminal breach of trust (CBT), involving RM10 million belonging to Akalbudi Foundation three years ago.

The former deputy prime minister, however, pleaded not guilty to the charge before judge Rozina Ayob.

With the additional charge, Zahid, 65, is now faced with a total of 46 charges,  comprising 11 counts for CBT,  eight counts of bribery and 27 counts of money-laundering.

The additional charge against Zahid was for allegedly, as a trustee of Akalbudi  Foundation who was trusted with RM10 million of the foundation’s fund, committed CBT by dishonestly lending it to  Armada Holdings Sdn  Bhd.

He was charged under Section 409 of the Penal Code  with committing the offence at Affin Bank Berhad, Jalan Bunus branch , No 133, Jalan Bunus, Off Jalan Masjid India here on Dec 8, 2015 and faced an imprisonment for up to 20 years and with whipping and fine, if found guilty. – Bernama

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