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ios developer account:RM17.9 million withdrawn from Yayasan Akalbudi without board consent, says witness


A witness tells Ahmad Zahid Hamidi's graft trial today that RM17.9 million was withdrawn from Yayasan Akalbudi without the consent of the board of trustees. – The Malaysian Insight file pic, March 8, 2021. THE Kuala Lumpur High Court was told today that the withdrawal of RM17.9 million from Yayasan Akalbudi funds was a criminal breach of trust because it did not get the consent of the charity foundation’s board of trustees.Malaysian Anti-Corruption Commission (MACC) investigating officer Muhammad Fazli Zulkifli, 36, said the withdrawal of the money from Yayasan Akalbudi’s Affin Bank account to be transferred to a Maybank account belonging to Messrs Lewis & Co, the foundation’s trustee, was instructed by Ahmad Zahid Hamidi.

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