News by Timothy Achariam

Ng is facing four charges in Malaysia and currently extradited to the US while awaiting his trial for conspiring to launder money and bribe government officials in Malaysia and Abu Dhabi through bond offerings that Goldman Sachs handled.

Judicial Commissioner Anand Ponnudurai dismissed the application by the eleven defendants when trial resumed this morning, and awarded costs in the cause to the Federal Government.

According to news reports, former deputy prime minister Datuk Seri Ahmad Zahid Hamidi is facing 47 charges involving millions of ringgit belonging to Yayasan Akalbudi.

Malaysian Anti-Corruption Commission (MACC) investigating officer Amirudin Nordin, testifying in Zahid’s corruption trial, said there were no documents from both foundations to show that Yayasan Albukhary had made the donation to Yayasan Akalbudi in cash. 

During Ahmad Zahid's money-laundering trial, MACC investigator Mohd Fahmee Mohamad Nor said the cash given to money changer Omar Ali Abdullah, which he then turned into 35 cheques made out to law firm Messrs Lewis & Co, was a form of money laundering.

The message, which went viral over the weekend, stated that a number of things were purportedly discussed in the Supreme Council meeting, among them filing more serious charges against the Umno president and using those charges for Bersatu’s negotiations with Umno in gaining the latter's support in Parliament.

The two bungalows in Country Heights, Kajang, was purchased by Ahmad Zahid via law firm Lewis & Co. The UMNO president’s lawyers had reiterated throughout the case that Lewis & Co had been acting as trustees for Yayasan Akalbudi.

Mohd Zamri Abdul Rashid, who investigated the sum Zahid received through a trustee account, told the High Court at the UMNO President’s corruption trial today that the three companies that had given Zahid the funds were not operating as businesses and had their registered addresses at condominiums.

MACC investigating officer Mohd Zamri Abdul Rashid had testified that based on his investigations, businessman Junaith Asharab Md Shariff had direct contact with Zahid and his brother Mohamad Nasaee and had handed them cheques totalling RM13.25 million.

Bukit Aman Commercial Criminal Investigation Department director Datuk Zainuddin Yaacob urged all parties to refrain from speculating until the investigations are complete and findings are handed over to the Attorney-General’s Chamber.