AS ZAHID & WIFE SPLASHED MONEY AT ARMANI, LV & HERMES STORES – DID THEY ONCE THINK OF THE POOR MALAYS & MUSLIMS – THEIR CHARITY WAS SUPPOSED TO HELP?E WHILE SHOPPING?

Prosecution: Were Zahid, wife thinking of Malaysia’s poor people while shopping at Armani, LV, Hermes stores?

KUALA LUMPUR — The prosecution today questioned if Datuk Seri Ahmad Zahid Hamidi and his wife were thinking of the poor in Malaysia when they went shopping at brands associated with luxury goods.

The prosecution said this when highlighting bankers’ evidence of more than RM1.3 million of charitable foundation Yayasan Akalbudi’s funds having been used to pay the credit card bills of Ahmad Zahid and his wife.

The prosecution previously submitted evidence that 43 cheques in Yayasan Akalbudi’s name had been issued to make payments between January 2014 to January 2016 for the credit card bills.

Lead prosecutor Datuk Raja Rozela Raja Toran acknowledged that the couple’s spending habits would not be part of the legal issue involved in proving the criminal breach of trust charges against Ahmad Zahid, but remarked on the shopping shown.

“Although I admit that this is not an issue, their spending habits is not an issue in our case, My Lord, but one cannot help but wonder whether they had in mind the poor people in Malaysia when they went shopping in Giorgio Armani, Louis Vuitton or Hermes,” she told the court.

Yayasan Akalbudi is a foundation aimed at eradicating poverty and enhancing the welfare of the poor. It is registered with the Companies Commission of Malaysia, with Ahmad Zahid being a trustee as well as subsequently from June 2013 onwards the sole authorised person who could sign on the foundation’s cheques.

Ahmad Zahid is accused in this trial of having committed criminal breach of trust involving more than RM31 million of Yayasan Akalbudi’s funds, including over RM13 million paid out using 50 cheques — including the 43 cheques for credit card bills.

Previously, Ambank senior vice-president Yeoh Eng Leong as the 10th prosecution witness had in court confirmed credit card statements from December 2013 to January 2016 for Ahmad Zahid’s two principal credit cards and two supplementary credit cards for Ahmad Zahid’s wife, with total spending of RM1,479,085.44 or close to RM1.48 million during that period.

The Ambank credit card statements had shown that the credit card was used both locally and globally, including Indonesia, Vietnam, South Korea, Taiwan, Hong Kong, Australia, US, UK, Italy, Ukraine and Dubai in the UAE.

The Ambank credit card statements had recorded spending in high-end fashion brands, such as Brioni (totalling RM50,278.60 via two transactions in Kuala Lumpur and New York), Hermes (totalling RM49,058.95 via three transactions in Milan and Rome in Italy), Burberry (totalling RM44,145.67 via two transactions in Hong Kong and New York), Louis Vuitton (totalling RM43,127.43 in five transactions in KL’s Starhill Gallery, Australia and Jakarta), Giorgio Armani (totalling RM19,866.72 via two transactions in Australia and Rome), and Tod’s (totalling RM11,521,95 in Kuala Lumpur and Jakarta), Ermenegildo Zegna in London (RM55,402.40) and Tory Burch (RM19,972.97).

Previously, Maybank’s vice-president Anoop Singh Gulzara Singh as the ninth prosecution witness had also verified credit card statements in the 2014 to 2015 period for three credit cards issued to Ahmad Zahid, including RM5,900 at Louis Vuitton’s KLCC outlet in June 2014, RM7,604.90 in Ukraine in August 2014, as well as RM30,635.80 and RM1,810.66 in Seoul, Korea in 2015.

MALAY MAIL

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