Bungalows bought at discount as owner needed money urgently, Zahid tells court

KUALA LUMPUR: Two bungalow units in Country Heights, Kajang, were bought at a discount of RM5.9mil because the owner, housing developer Tan Sri Lee Kim Yew, needed money urgently, Datuk Seri Dr Ahmad Zahid Hamidi told the High Court here.

Ahmad Zahid, 69, said that Lee, who is the founder and chairman of Country Heights Holdings Berhad, offered to sell the bungalow below the market price because he was having trouble paying his income tax.