Witness: Zahid wanted to advance US$2.058m to help daughter do business

ZAHID TRIAL | Ahmad Zahid Hamidi once voiced his willingness to advance US$2.058 million from "foundation funds" to facilitate a corporate takeover by his daughter, a witness told the Kuala Lumpur High Court today.

Former Exim bank chairperson Mat Noor Nawi said the payment was meant to pay off Ri-Yaz Asset Sdn Bhd's debts before Nurulhidayah Ahmad Zahid could acquire a 60 percent stake in the company...