RM2m 'political donation' marked as debt-offset in Ku Nan's company books
Tengku Adnan Tengku Mansor had claimed that RM2 million he received from a developer was a political donation, an executive for his company told the High Court in Kuala Lumpur today.
However, the accountant for Tadmansori Holdings Sdn Bhd revealed that the money was recorded as a debt-offset for money Tengku Adnan had borrowed from the company.
Tengku Adnan is on trial in his capacity as then federal territories minister for taking RM2 million from Aset Kayamas Sdn Bhd, a company that has dealings with Kuala Lumpur City Hall.
The cheque was issued from Aset Kayamas to the account of Tengku Adnan's Tadmansori Holdings on June 14, 2016.
The prosecution alleges that Tengku Adnan had used the funds for a by-election...
Tengku Adnan Tengku Mansor (above) had claimed RM2 million he received from a developer was a political donation, an executive for his company told the Kuala Lumpur High Court today.
However, Tadmansori Holdings Sdn Bhd's accountant revealed that the money was recorded as a debt-offset for money Tengku Adnan had borrowed from the company.
Tengku Adnan is on trial in his capacity as then federal territories minister for taking RM2 million from Aset Kayamas Sdn Bhd, a company that has dealings with Kuala Lumpur City Hall.
The cheque was issued from Aset Kayamas to the account of Tengku Adnan's Tadmansori Holdings on June 14, 2016.
The prosecution alleges that Tengku Adnan had asked for the funds from Aset Kayamas owner Chai Kin Kong on the pre-text of by-election funding.
In his witness statement, Tadmansori Holdings chief operating officer Mohd Hasbi Abdullah said he learned about the cheque when Tengku Adnan forwarded to him a photo of the bank deposit slip via WhatsApp.
On cross-examination by the lead counsel for the defence, Tan Hock Chuan, Mohd Hasbi revealed that Tengku Adnan, who is BN secretary-general, had informed him in a later conversation that the RM2 million was a political donation.
On re-examination by deputy public prosecutor Rullizah Abdul Majid, the COO said this transaction was not recorded as such in the company's accounts.
"What I can say is that after we communicated, we understood the money was a political donation, but in the (accounting) treatment we considered it as an amount that was advanced to the company. That is all I can say," the prosecution witness said.
Earlier, Tadmansori Holdings finance and accounting assistant manager Rabiatul Adawiyah Sobri told the court today that the RM2 million deposit was recorded as debt-offset in the company's general ledger.
This was to off-set unspecified debts Tengku Adnan had with the company.
Rabiatul said it was not unusual for Tengku Adnan to both borrow and advance money to the company.
She testified that as far as she was concerned, the RM2 million was not a third-party payment, nor was she aware of any third party involvement in the matter.
In her witness statement before that, she said Tadmansori Holdings also had no business dealings with Aset Kayamas.
Rabiatul, who has been with Tadmansori since 2013, also said that during her time with the company, no payments had been made from the company to Umno.
However, during the examination-in-chief, she said the company did receive funds from the party, such as when they paid RM40,000 as a deposit to rent a warehouse.
In its opening statement yesterday, the prosecution said Tengku Adnan had appealed Chai for RM5 million to RM6 million to use in by-elections.
No dates were mentioned, but the June 14, 2016, date coincides with the Sungai Besar and Kuala Kangsar twin by-elections, which the defence has mentioned several times during its cross-examinations.
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