Erroneous to conclude donations in Zahid’s charity foundation were proceeds from illegal activities, court told

KUALA LUMPUR: It was erroneous to conclude that the donations that went into Datuk Seri Dr Ahmad Zahid Hamidi’s Yayasan Akalbudi (YAB) charity foundation were proceeds from illegal activities, the High Court heard.

Lawyer Hisyam Teh Poh Teik, who represented the Umno president, said the conclusion by the prosecution was baseless and they had not crossed the threshold in proving that the 27 charges against Ahmad Zahid were within the meaning of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Amla).