Zahid never benefited from RM250,000 loan to brother, court told

The High Court was told today that previous appointee executive Ahmad Zahid Hamidi never profited from a supposed pay off of RM250,000 by a money manager.

Lead counsel Hisyam Teh Poh Teik said the cash was an advance given by Junaith Asharab Md Shariff to Zahid’s sibling, Mohamad Nasaee, in 2016.

He said the advance was thusly reimbursed.

“There is no connection between the charged (Zahid) and Junaith to show he knows about this (credit) course of action,” Hisyam said.

“The protection attests that there is no premise to say that the RM250,000 filled in as an actuation to him to grant the public authority’s MyEG undertaking to an organization known as Mastoro Kenny IT Consultant and Services.”Zahid is being investigated on 47 charges of illegal tax avoidance and criminal break of trust (CBT) including millions from Yayasan Akalbudi and taking hush-money for different tasks during his residency as the home pastor.

Twelve of the charges are intended for CBT, eight for debasement and the excess 27 for illegal tax avoidance.

Hisyam likewise told the court that Junaith had affirmed that the cash was a credit to Nasaee, certifying that Zahid had no information on the reason for the sum.

“This is an instance of over-indictment and the DPP needs to clarify why this charge was outlined in any case,” he said.

The guard will proceed with its accommodation on the other debasement accusations when the consultation under the steady gaze of High Court judge Collin Lawrence Sequerah continues tomorrow.

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