YAB funds came from contributions, not proceeds from illegal activities, says Zahid


KUALA LUMPUR: The RM65mil funds from Yayasan Akalbudi (YAB) that went into a fixed deposit account at Messrs Lewis & Co came from the contributions of individuals and corporate bodies, the High Court was told.

Former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi said the funds that were given to YAB - a charity foundation he established - were meant for charity purposes.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Unity Ministry resolves 147 community-related cases in 2025
Kelantan cops dispose four fish bombs found near border
Hamzah says no plans to set up new party, prefers being part of an existing platform
Rapid Rail fined RM100,000 for failing to ensure track safety, says Apad
Entrepreneur Development Ministry, TNB strengthen cooperation to help MSMEs face impact of global energy crisis
Teen goes viral after throwing brick from flat upper floor
Dr M’s remarks against Umno a ‘repetitive narrative’, says party VP Khaled
Police detain four more suspects in Triang attack case
Asean finance ministers, central bankers warn of rising global risks amid Middle East tensions
Global energy crisis: Govt implements measures to address fuel shortage worldwide

Others Also Read