Zahid, wife spent RM1.3 mil including high-end shopping, court told

Ambank’s Yeoh Eng Leong says former deputy prime minister Ahmad Zahid Hamidi held two principal credit cards, and his wife two supplementary cards.

KUALA LUMPUR: Former deputy prime minister Ahmad Zahid Hamidi paid almost RM1.3 million on his four credit cards between January 2014 and January 2016, which included purchases for high-end shopping in the United Arab Emirates, the United States and Italy, the High Court here heard today.

Yeoh Eng Leong, the senior vice-president of Ambank Berhad (Ambank) in charge of management of credit card authorisation and fraud control, said the total spent on the four cards amounted to RM1,296,715.98.

Yeoh, 58, said Zahid owned two principal cards, and his wife Hamidah Khamis held two supplementary cards.

“The four cards have a combined credit limit of RM250,000,” he said in a witness statement which he read out on the fifth day of the trial of Zahid, who faces 47 charges involving Yayasan Akalbudi funds totalling millions of ringgit.

Yeoh testified during examination-in-chief by DPP Lee Keng Fatt that Zahid and Hamidah had also used the cards in Kuala Lumpur, the United Kingdom, South Korea, Ukraine, Australia, Hong Kong, Vietnam, Indonesia and China.

The 10th prosecution witness said one of the cards owned by Hamidah was used in several retail transactions in Hong Kong, Malaysia and Australia amounting to RM130,359.83.

This included RM26,893.33 spent at Burberry Asia Ltd in Kowloon, Hongkong; RM9,500 spent at Louis Vuitton at Starhill, Kuala Lumpur; RM7,919.35 at Swarovski in Melbourne, Australia; and RM18,568.66 at Louis Vuitton in Southbank, Australia.

The same card was also used for purchases in New York amounting to RM215,542.69. This included RM130,313.20 spent at Stefano Ricci America, RM17,252.34 at Burberry 400 and RM45,095.60 at Brioni.

Yeoh said that based on the payment records for January 2014 to January 2016, Zahid had made 37 payments in total as principal cardholder

“Of the 37 payments, two cheques were returned,” he said, adding that the payments were made with local cheques.

Zahid, 66, had pleaded not guilty to a total of 47 charges – 12 for criminal breach of trust, eight for bribery and 27 for money laundering – involving millions of ringgit belonging to Yayasan Akalbudi, co-founded by him.

The trial before judge Collin Lawrence Sequerah continues tomorrow.