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Ahmad Zahid & Wife Used RM1.3mil From Charity Foundation Fund On Shopping Spree

today14 October 2021


Source: Berita Harian

Yesterday, it came to the attention of the High Court that former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi and his wife had used Yayasan Akalbudi’s funds to pay off credit card bills.

Yayasan Akalbudi is a charity foundation that was set up to eradicate poverty, yet not a single cent went to those in need.

Instead, the fund was used to settle bills racked up from a shopping spree at luxury stores such as Louis Vuitton, Hermes, and other big names.

As reported by NST, based on Zahid’s credit card statements, the total amount used to pay for his AmBank cards amounted to RM534,412.52 in 2014, RM708,134.47 in 2015 and RM54,168.99 for just one month in January 2016.

The other payments included RM30,771.19 (between Feb and Oct 2014), RM3,914.84 (March 2015) and another RM30,635.80 (July 2015) for his Maybank cards.

Datuk Raja Rozela Raja Toran, lead prosecutor in Zahid’s corruption trial, said that these spending…

Click here to read the full article.


Written by: Quinny Tan

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