Further attempt to obtain documents at the registered address led officer to discover that Yayasan Akalbudi was not operating there
by RAHIMI YUNUS / pic by MUHD AMIN NAHARUL
THE office of Datuk Seri Dr Ahmad Zahid Hamidi’s (picture) charity foundation Yayasan Akalbudi does not exist at the address registered with the Companies Commission of Malaysia, the court heard.
In Ahmad Zahid’s corruption trial, Malaysian Anti-Corruption Commission investigating officer Khairudin Kilau testified that he went to the registered office location to obtain documents related to Yayasan Akalbudi, including meeting reports and annual audits.
The registered address of Yayasan Akalbudi was a premise on Jalan Raja Abdullah in Kuala Lumpur.
Khairudin, however, told the court that there was no Yayasan Akalbudi at the registered address.
“No documents were found (at the location) because the office at the registered address does not have Yayasan Alkalbudi there.
“Checks at the registered address found that Yayasan Akalbudi had never been in operation there,” the witness told the court yesterday.
Before the visit, the 99th prosecution witness said he requested documents of Yayasan Akalbudi from company secretary Mahinder Kaur Teja Singh, but to no avail because the latter said the foundation never held a meeting, neither had she prepared an audit.
“I made enquiries regarding the documents. She (Mahinder) stated that she did not keep the documents and never held a meeting or prepared an audit report.
“Mahinder informed that she did not receive instructions from the Yayasan Akalbudi management to hold a meeting or prepare an audit report,” he said.
The failed attempt to obtain the documents led him to go to the registered address and then the discovery that Yayasan Akalbudi was not operating there.
Khairudin also said Yayasan Akalbudi’s bank account statement for the period between Dec 12, 2012, and May 31, 2018, showed that around RM100 million was withdrawn and RM100 million was deposited.
He said the last withdrawal was a sum of RM9.3 million on May 28, 2018, which was transferred to Yayasan Al-Falah, but said the purpose of such payment was unclear.
The transaction was done days after the 14th General Election on May 9, 2018.
Khairudin said Ahmad Zahid is Yayasan Akalbudi’s sole signatory and there was no reason provided either in minutes of meeting or any written resolution that explained the transfer.
The court heard previously that Yayasan Al-Falah was chaired by Ahmad Zahid’s younger stepbrother Mohamad Nasaee Ahmad Tarmizi.
Ahmad Zahid faces 47 charges consisting of 12 for criminal breach of trust, eight for corruption and 27 for money laundering involving tens of millions of ringgit of funds from Yayasan Akalbudi.
The trial continues.
Read our previous report here