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KUALA LUMPUR, Nov 17, 2015:

Malaysian Islamic Economic Development Foundation (Yapeim) used the money it generated on its own to fund a top Umno minister’s United States trip — not the money meant for orphans.

Deputy Minister in the Prime Minister’s Department Datuk Dr Asyraf Wajdi Dusuki told Members of Parliament present in Dewan Rakyat this evening that the foundation had generated an annual income of RM1.034 billion through its subsidiary businesses.

Among its subsidiaries is the Ar-Rahnu operation, which up until 2015 had generated RM83 million.

That was also how the nine-day US trip undertaken by Minister in the Minister’s Department in charge of Islamic Affairs Datuk Seri Jamil Khir Baharom was funded.

“Yapeim makes its own profits. We didn’t use the money meant for orphans or the poor.

“The accusation that orphans’ money was used is slanderous.

“The (paid) stamp on the invoice is Yapeim,” said Asyraf in reference to the two invoices exposed to the media by National Oversight and Whistleblower (NOW) last week.

The invoices listed out payments made for the trip taken by Jamil, his wife, and his entourage allegedly for an event in conjunction with the Mid West Game, organised by national agencies in collaboration with the US and Chicago’s Education Malaysia (EM).

“Even if you compare to the RM1.034 billion, the RM410,000 used for the US trip is just 0.0063%,” he told the house.

According to Asyraf, the decision as to who Yapeim wants to bring on the trip and how much they want to pay for it relies solely on the foundation as government’s involvement in Yapeim ends at the appointment of its board of trustees, who will then be the ones with full power over it.

This power includes how much allowances the executives receive.

The scandals surrounding Yapeim came under the limelight following NOW’s series of alleged revelations in relation to claims of mismanagement and misappropriation.

NOW had also alleged that Yapeim had spent RM290,000 on a marriage course in Paris.

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