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Zahid acquitted of all charges in VLN case

The Edge Markets LogoThe Edge Markets2 mo ago

Zahid acquitted of all charges in VLN case - The Edge Markets

Quick Summary:

The judge also questioned the entries in the purported ledger that had been tendered as evidence, as the court noticed there were some missing notations in them and this raised questions about whether the money was received by UKSB and whether the money was also delivered to the accused.

Zahid faced 33 counts of graft for allegedly receiving S$13.56 million (RM43.39 million) from Ultra Kirana Sdn Bhd to facilitate the company's foreign visa system (VLN) and one-stop services (OSC) in China.

Despite this, Zahid is still entering his defence against the 47 charges of criminal breach of trust, graft and money laundering with regards to the charitable organisation Yayasan Akalbudi funds at the Kuala Lumpur High Court.


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Article Details

Category: InvestingFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23 @ 04:56:56 (2 months ago)

News Timezone: GMT +8:00

Ranking: #1494 (out of 3076 stories this day)

News Source URL: theedgemarkets.com

Language: English

Article Length: 899 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 485873

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About The Edge Markets

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Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 99 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 8 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #17

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