Wrong to conclude Yayasan Akalbudi donation from unlawful proceeds - Lawyer

The prosecution had erred in concluding that the entry of donations into the trustee account of Yayasan Akalbudi, a foundation owned by former deputy prime minister Ahmad Zahid Hamidi, involved illegal activities, the High Court heard today.

Zahid's lead counsel Hisyam Teh Poh Teik said that money changer Omar Ali Abdullah, who is the 81st prosecution witness, did not commit any banking offences in converting cash amounting to RM5 million into a few cheques before handing them over to the account of law firm Messrs Lewis & Co.

Hisyam contended that...