A consultancy company that allegedly received payment of RM260,000 from embattled Umno president Ahmad Zahid Hamidi's family-run foundation had ceased operations after only slightly more than two years, according to company records.

Malaysiakini's checks with the Companies Commission of Malaysia revealed that TS Consultancy & Resources was registered in February 2015 and it was terminated in May 2017.

The company, with a registered address in Putrajaya, stated its nature of business as a provider of training programmes, seminars and motivational sessions.

Records listed two individuals as the company's registered owners.

This morning, Zahid was slapped with a fresh criminal breach of trust (CBT) charge in relation to the alleged abuse of Yayasan Akal Budi funds at the Kuala Lumpur Sessions Court.

According to the charge sheet, Zahid had allegedly made wrongful payments of RM260,000 to TS Consultancy & Resources three years ago, an offence punishable under Section 409 of the Penal Code.

This follows the 46 charges laid upon the Bagan Datuk MP last year, of which 45 charges in October involved CBT of RM20.83 million, receiving RM21.25 million in gratification as the then home affairs minister and money laundering of RM72.07 million.

Of the 45 charges, 10 concerned CBT amounting to over RM20.8 million of Yayasan Akal Budi funds on various occasions between 2014 and 2016.

In December, he was charged with another count of CBT, involving RM10 million of the foundation's funds from three years ago.

Zahid Hamidi charged with CBT

Zahid Hamidi charged with CBT

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Zahid slapped with one more CBT charge of RM10m

Zahid slapped with one more CBT charge of RM10m