Zahid withdrew RM17.9m to facilitate daughter's bid to buy Bali hotel, court told

The Kuala Lumpur High Court today was told that the withdrawal of RM17.9 million from Yayasan Akalbudi (YAB) funds by Ahmad Zahid Hamidi was, among others, to facilitate his daughter’s bid to buy a boutique hotel in Bali, Indonesia.

Deputy public prosecutor Raja Rozela Raja Toran said the Umno president's eldest daughter, Nurulhidayah, was interested to take over the shares of Ri-Yaz Asset Sdn Bhd and running the hotel in Bali.

“The interested buyer was Nurulhidayah and this was confirmed by...