Nasharudin's 33 charges: Where the RM4m went
KINIGUIDE | Former PAS deputy president has claimed trial to money laundering and CBT charges.
KINIGUIDE | Former PAS deputy president Nasharudin Mat Isa today was slapped with 30 charges of criminal breach of trust involving some RM3.7 million.
Nasharudin (above) also claimed trial to three counts of money laundering involving around RM300,000, of funds allocated by the Finance Ministry for the Global Movement of Moderates (GMM), of which he was the CEO.
Malaysiakini breaks down what the money was used for, according to the MACC.
Personal gain
Sixteen of the 30 CBT charges pertains to Nasharudin paying himself salaries as Yayasan Nassar chairperson.
He is accused of paying himself a total of RM321,273.80 from 2015 to 2016. Most of the deposits were for RM20,000.
Yayasan Nassar's Facebook page states that it is a non-profit organisation which manages matters related to education, to safeguard religious harmony, welfare and local communities.
Currently, the page appears to mostly chronicle Nasharudin's activities.
Meanwhile, he also deposited RM26,000 of the foundation's funds into his personal account in September 2015.
Besides that, Nasharudin is also accused of CBT when he paid Hajj Finance Company Limited founder Shazali Shauf RM30,000 to purchase 25,000 shares in the company.
Haji Finance Company Limited is a Bangladeshi syariah-based non-banking financial institution.
Family
Three of the CBT charges deal with payments made, in his capacity as Yayasan Nassar chairperson, for the benefit of his family.
RM51,000 was spent on catering for his son's wedding in August 2016.
Another RM25,756 was paid to KDU University College for a son's tuition in February 2018.
Meanwhile, according to the charge sheets, Nasharudin also loaned RM34,000 to his daughter Nusaibah in March 2018.
Buying a shophouse
Nasharudin also spent RM539,640 to buy a shophouse in Bandar Puteri Bangi from Knowledge Vision Sdn Bhd, a subsidiary of IOI Properties.
It is unclear what the shophouse was for.
Read more: PAS' Nasharudin claims trial to 33 money laundering, CBT charges
The former PAS deputy president paid RM50,014 for the shophouse's stamp duty.
Meanwhile, Duadaya Interior Sdn Bhd, which was named as a recipient of RM200,000 in the money laundering charges, is also located in the same neighbourhood as the shophouse.
It is unclear if the two charges are related.
Automotive
Two of the money laundering charges were transfers made to automotive companies.
RM76,569.60 was transferred to Sisma Auto (KL) Sdn Bhd, an authorised dealer and service provider for Jaguar, Land Rover and Volvo in Malaysia
RM25,500 was transferred to SMR Performance Sdn Bhd, a workshop in Taman Tun Dr Ismail.
Research grants
As GMM chief executive officer, Nasharudin is also accused of CBT in channelling RM2.6 million to Wasatiyah Centre for Peace, which the charge sheets say is his company.
The grants were awarded between July and Aug 2018.
It is not clear what research was carried out, if any, as the centre's website is inaccessible.
However, it recently collaborated with Universiti Utara Malaysia to publish a paper on "The role of developmental assets for pro-social behaviour among adolescents in Malaysia". The research was funded by the centre's grants.
According to the charge sheets, all three money laundering cases involved GMM funds channelled through the Wasatiyah Centre.
This KiniGuide was compiled by Zikri Kamarulzaman.
