What is the RM500,000 limit for party expenditure without approval?

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No Laws Were Broken Over RM1 Million Withdrawal, Witness States

A witness in the trial of Syed Saddiq Abdul Rahman stated that no laws or rules within Parti Pribumi Bersatu Malaysia's (Bersatu) constitution were violated concerning the withdrawal of RM1 million from the Angkatan Bersatu Anak Muda (Armada) account. The former Armada assistant secretary, Ahmad Redzuan Mohamed Shafi, testified that the act of withdrawing the money itself did not constitute an offence. An offence would only have occurred if the funds were subsequently spent without the necessary prior approval.
Party Constitution Provisions on Expenditure

The party constitution outlines specific financial controls. According to Clause 24, the party's treasurer-general is permitted to hold a maximum of RM50,000 in cash at any given time. This cash must be stored securely at the party's Registered Office and is intended for petty expenses. Furthermore, any single expenditure exceeding RM500,000 requires explicit prior permission from the party's supreme council.
Distinction Between Withdrawal and Expenditure

During cross-examination, it was clarified that the party constitution differentiates between the withdrawal of funds and their subsequent expenditure. The witness confirmed that while spending an amount over RM500,000 without council approval would be a breach, the mere withdrawal of RM1 million, if not spent, did not in itself represent a violation of these specific provisions. The RM1 million in question was not used for any one-off payment at the time of withdrawal.
Circumstances of the Withdrawal Instruction

Ahmad Redzuan testified that he was instructed to withdraw the entire RM1 million at once, with Syed Saddiq reportedly stating that the money in the bank was the result of his hard work during his tenure in Bersatu and Armada. However, the precise wording of this instruction could not be recalled by the witness when questioned by the defence counsel. The witness also stated that his witness statement was prepared by the Malaysian Anti-Corruption Commission (MACC) during the recording of his statement.

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What is the RM500,000 limit for party expenditure without approval?

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