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Former Executive At PM-Owned Charity To Be Charged In Court For Stealing RM2.6 Million

Former Executive At PM-Owned Charity To Be Charged In Court For Stealing RM2.6 Million

Kirat Kaur

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A former accounts executive at the Yayasan Nurul Yaqeen (YNY), a charity-based foundation owned by Prime Minister Tan Sri Muhyiddin Yassin, along with several of her family members will be charged in court for criminal breach of trust tomorrow, 19th June.

What you need to know: The still unnamed woman and her family members will face 155 charges under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. The woman had resigned from her position at the foundation on Jan 23, 2019, just as an internal audit was carried out. The audit revealed a loss of RM2.6 million alleging that the suspect had committed a criminal breach of trust and acquired cash assets without permission from the board of trustees. It was then referred to the Attorney General’s Chambers.

How it got here: Yayasan Nurul Yaqeen was founded in 1991 with the goal to give aid, lead and improve the achievements and excellence of the Bumiputera community, especially Malays, in various aspects such as economy, education, spirituality, leadership and sociology. However, the foundation’s website is inactive.

Read more:

Ex-yayasan Nurul Yaqeen employee to Face CBT charges tomorrow (Bernama)

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