Ahmad Zahid orchestrated RM7.5mil money laundering scheme, court told

KUALA LUMPUR (Bernama): Datuk Seri Dr Ahmad Zahid Hamidi orchestrated the money laundering scheme amounting to RM7.5mil using the service of a money changer to turn the money into cheques that were placed in various fixed deposit accounts, the High Court was told.

Deputy public prosecutor Harris Ong Mohd Jeffrey Ong submitted that money changer Omar Ali Abdullah, being the agent, received instruction from Ahmad Zahid to convert RM7,511,250.20 into 35 cheques and subsequently, the accused handed the cheques to Messrs Lewis & Co - a trustee of Yayasan Akalbudi - belonging to the former deputy prime minister.