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Witness: Zahid’s firm had no audit, AGM or financial reports

KUALA LUMPUR: Yayasan Akal­budi, a company owned by Datuk Seri Dr Ahmad Zahid Hamidi, had never conducted an audit and annual general meeting (AGM) or filed its financial reports with the Companies Commission of Malaysia (SSM), the High Court heard.

‘RM1.3mil cheque issued to police football club’

KUALA LUMPUR: A witness told the High Court here that the Royal Malaysia Police (PDRM) football association received a cheque for RM1.3mil from Yayasan Akalbudi for the management of the association in November 2015.

Witness asked to sign declaration over Zahid’s credit card bills

KUALA LUMPUR: An Umno assemblyman told the High Court here he was asked to sign a statutory declaration in connection with the use of Yayasan Akalbudi (foundation) funds to pay the credit card bills of former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi.