Zahid slapped with another CBT charge

KUALA LUMPUR: Former deputy prime minister Ahmad Zahid Hamidi has been slapped with another criminal breach of trust (CBT) charge over RM260,000 said to be funds from his family-run foundation Yayasan Akal Budi.

He was accused of misappropriating funds from the foundation by making payment to a company, TS Consultancy and Resources, on Dec 23, 2016.

Zahid, dressed in black batik, claimed trial to the charge before Sessions Court judge Azura Alwi today.

This brings the total charges against Zahid to 47.

The court extended the RM2 million bail previously imposed on him and set Feb 28 for mention.

Zahid claimed trial to 45 charges last November under Section 409 of the Penal Code, the Malaysian Anti-Corruption Commission Act, and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

He was slapped with a further CBT charge in December for allegedly misappropriating RM10 million of Yayasan Akal Budi’s funds by giving a loan to Armada Holdings Sdn Bhd.

Zahid was represented by lawyers Hisyam Teh and Kitson Foong while deputy public prosecutor Ahmad Sazilee Abdul Khairi prosecuted.

Foong later said Zahid had filed an application to transfer his 47 charges to be heard at the High Court.

The High Court has set Feb 21 for mention of his transfer hearing.