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Saturday, February 17, 2024

PM emphasises need for transparency in managing funds for charity

 


Prime Minister Anwar Ibrahim has emphasised the need for transparency in managing funds raised for charity.

Anwar said organisations must adhere to regulations when raising funds to ensure they are channelled to the target groups.

The finance minister said the Madani government always prioritises financial management with an emphasis on proper governance to prevent the funds from being misused by irresponsible parties.

He said the funds should follow proper channels, adding that the amount raised and distributed should be scrutinised for transparency.

“That’s why we have to be meticulous in governance, there should be rules (for example) in collecting donations to build tahfiz schools. Otherwise, after collecting, the money is used to repair houses,” he added.

He said this to Bernama and RTM after attending a dialogue session on various topics and current issues in conjunction with the closing ceremony of a two-day retreat involving press secretaries and corporate communications heads today.

Also present were Communications Minister Fahmi Fadzil and Communications secretary-general Mohamad Fauzi Md Isa.

Aman Palestin case

On Feb 15, Aman Palestin executive chairperson Abdullah Zaik Abdul Rahman claimed trial to 52 counts of criminal breach of trust amounting to over RM20 million.

Aman Palestin CEO Awang Suffian Awang Piut also claimed trial to identical CBT charges.

The duo were charged at the Shah Alam Sessions Court in their capacity as directors of Syarikat Samudra Champa Sdn Bhd, entrusted with assets in the form of money belonging to Aman Palestin Bhd.

The two were also charged, in the same court, with deceiving the company's board of trustees out of RM5.75 million, from RM39.15 million transferred to their own company’s account that acted as agents for purchases of 131kg of gold.

Both also claimed trial to 19 counts of cheating under Section 420 of the Penal Code.

Another director of Samudra director, Khairudin Mohd Ali, was also charged in the same courtroom with three counts of money laundering involving purchases of a two-storey shop lot in Johor; a three-storey shoplot in Sabah and a semi-detached factory in Bangi.

- Bernama

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