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DPP: Zahid opted to use Akalbudi funds to pay for personal expenses

Deputy Public Prosecutor (DPP) Datuk Raja Rozela Raja Toran: The credit card bill payments and the purchase of motor vehicle insurance policies and road taxes benefitted only the accused and his wife. In other words, the funds in the YAB account were used for the personal enrichment of [Zahid] and for the benefit of a person or persons with whom Akalbudi has no connection or interest.

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Zahid trial: How does boutique hotel in Bali help the poor, asks DPP

Deputy Public Prosecutor (DPP) Datuk Raja Rozela Raja Toran contended that there was ample evidence to find that Datuk Seri Dr Ahmad Zahid Hamidi had dishonestly misappropriated YAB property entrusted to him. "All evidence points to a plain and obvious conclusion that the funds belonging to YAB had been used for a purpose other than what was intended.”

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Metropolitan Lake Development’s Keponggi Square 70% taken up

Keponggi Square has a gross development value (GDV) of RM220 million and is the first phase of the broader 14.6-acre Metropolitan Waterfront Masterplan project located next to the Kepong Metropolitan Park. The master plan comprises an ecosystem of retail and residential components and has a GDV of RM750 million.

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