Former Malaysian Deputy Prime Minister Ahmad Zahid Hamidi (Source: The Straits Times)
 
Hanoi (VNA) – The Kuala Lumpur Court charged former Malaysian Deputy Prime Minister Ahmad Zahid Hamidi with 45 counts under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 and the Malaysian Anti-Corruption Commission (MACC) Act 2009.

Zahid, who now leads the opposition United Malays National Organisation (UMNO), faced 27 charges of money laundering, 10 charges of power abuse and 8 charges of corruption involving a sum of 111 million ringgit (26.6 million USD). 

He pleaded not guilty to the above charges, and is now freed after posting bail. The next trial will take place on December 14. 

Earlier on October 18, he was arrested by MACC upon his arrival at the headquarters. 

He is being investigated over alleged misappropriation of funds from the Akal Budi Foundation, of which he is the chairman.

MACC is investigating claims that 800,000 RM belonging to the foundation was used to pay off his credit card bills.-VNA