Yayasan Akal Budi Criminal Breach of Trust
Disclosure Timeline
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08 Mar, 2021
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Zahid's trial: Yayasan Al-Falah, a charitable foundation run by only three people
(Khairah N. Karim, New Straits Times)
A Malaysian Anti-Corruption Commission (MACC) investigating officer said he found it strange that Yayasan Al-Falah, a charitable foundation which belonged to the younger brother of Datuk Seri Dr Ahmad Zahid Hamidi, was only managed by three people.
Directly implicated:Ahmad Zahid Hamidi
Cirmcumstantially implicated:Mohamad Nasaee Ahmad Tarmizi , Mohd Farid Abdullah ,
Faisalludin Mohamat Yusuff
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22 Mar, 2019
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Court sets July date to start Zahid's trial
(Geraldine Tong, Malaysiakini)
Kuala Lumpur High Court M fixed the trial dates for embattled Umno president Ahmad Zahid Hamidi’s 47 charges of criminal breach of trust (CBT), receiving gratification, and money laundering.
Directly implicated:
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20 Feb, 2019
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Company linked to Zahid's latest CBT charge shut down after two years
(Alyaa Alhadjri, Malaysiakini)
Zahid was slapped with a fresh criminal breach of trust (CBT) charge in relation to the alleged abuse of Yayasan Akal Budi funds at the Kuala Lumpur Sessions Court.
Directly implicated:
Notes
Ahmad Zahid was first charged in October 2018 with 45 counts of CBT involving RM20.83 million, receiving RM21.25 million in gratification as the then home affairs minister, and laundering RM72.07 million in funds.
10 of the 45 charges concerned CBT amounting to more than RM20.8 million of Yayasan Akal Budi funds on various occasions between 2014 and 2016
Subitems
- Court sets July date to start Zahid's trial (Issue Source)