Ex-DPM Zahid slapped with another criminal breach of trust

Malaysia Former Prime Minister Ahmad Zahid Hamidi has been slapped today with another criminal breach of trust (CBT) charge in relation to the alleged abuse of Yayasan Akal Budi funds at the Kuala Lumpur Sessions Court today, the news portal MalaysiaKini reported.

The CBT charge involves RM260,000 of the foundation’s funds in his capacity as a trustee of Yayasan Akal Budi. The offense was alleged committed on Dec 23, 2016.

This follows the 46 charges laid upon the Bagan Datuk MP last year, of which 45 charges in October involved CBT of RM20.83 million, receiving RM21.25 million in gratification as the then home minister, and money laundering of RM72.07 million.

According to the news portal, out of the 45 charges, 10 concerned CBT amounting to over RM20.8 million of Yayasan Akal Budi funds on various occasions between 2014 to 2016. In December, he was charged with another count of CBT, involving RM10 million of the foundation’s funds from three years ago.

 

Graduate with a Master of Mass Communication. 10 years working experience in the media and broadcasting.

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