Outcome of MUIS-directed Review of Financial Transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited

Debated in Parliament on 4 Jul 2022.

Summary written by AI (learn more)

MUIS initiated an audit in April 2021 to review the financial transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited from 2013, aiming to identify any fraudulent or illegal activities.
Based on preliminary findings, MUIS lodged a Police report in July 2021, and the audit is still ongoing alongside Police investigations.
The Minister is unable to disclose further details at this stage due to the ongoing investigations.
Follow-up actions will depend on the outcomes of the MUIS audit and Police investigations, which are not yet concluded.
The review is part of MUIS's oversight to ensure accountability and compliance in financial dealings involving the Madrasah and related entities.

Questions identified by AI (learn more)

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Muhamad Faisal Bin Abdul Manap

Mr Muhamad Faisal Bin Abdul Manap asked the Minister for Social and Family Development and Minister-in-charge of Muslim Affairs (a) what is the outcome of the MUIS-directed review of the financial transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited; and (b) what follow-up actions have been taken as a result of the review.

Masagos Zulkifli B M M

In April 2021, MUIS initiated an audit on Madrasah Irsyad Zuhri Al-Islamiah to examine the financial transactions and relationship between the Madrasah and Irsyad Trust Limited (ITL) from 2013, to determine if there were any fraudulent or illegal transactions or activities.

In July 2021, MUIS lodged a Police report based on its preliminary findings from the audit. The MUIS audit is still ongoing. As Police investigations are underway, I am unable to disclose further details at this juncture.

Summary written by AI (learn more)

MUIS initiated an audit in April 2021 to review the financial transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited from 2013, aiming to identify any fraudulent or illegal activities.
Based on preliminary findings, MUIS lodged a Police report in July 2021, and the audit is still ongoing alongside Police investigations.
The Minister is unable to disclose further details at this stage due to the ongoing investigations.
Follow-up actions will depend on the outcomes of the MUIS audit and Police investigations, which are not yet concluded.
The review is part of MUIS's oversight to ensure accountability and compliance in financial dealings involving the Madrasah and related entities.

Questions identified by AI (learn more)

Outcome of MUIS-directed Review of Financial Transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited | PAPERCUTS

Outcome of MUIS-directed Review of Financial Transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited

Debated in Parliament on 4 Jul 2022.

Summary written by AI (learn more)

MUIS initiated an audit in April 2021 to review the financial transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited from 2013, aiming to identify any fraudulent or illegal activities.
Based on preliminary findings, MUIS lodged a Police report in July 2021, and the audit is still ongoing alongside Police investigations.
The Minister is unable to disclose further details at this stage due to the ongoing investigations.
Follow-up actions will depend on the outcomes of the MUIS audit and Police investigations, which are not yet concluded.
The review is part of MUIS's oversight to ensure accountability and compliance in financial dealings involving the Madrasah and related entities.

Questions identified by AI (learn more)

Full Transcript

Muhamad Faisal Bin Abdul Manap

Masagos Zulkifli B M M

Summary written by AI (learn more)

MUIS initiated an audit in April 2021 to review the financial transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited from 2013, aiming to identify any fraudulent or illegal activities.
Based on preliminary findings, MUIS lodged a Police report in July 2021, and the audit is still ongoing alongside Police investigations.
The Minister is unable to disclose further details at this stage due to the ongoing investigations.
Follow-up actions will depend on the outcomes of the MUIS audit and Police investigations, which are not yet concluded.
The review is part of MUIS's oversight to ensure accountability and compliance in financial dealings involving the Madrasah and related entities.

Questions identified by AI (learn more)

Outcome of MUIS-directed Review of Financial Transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited

Summary

Questions Identified

Full Transcript

Muhamad Faisal Bin Abdul Manap

Masagos Zulkifli B M M

Summary

Questions Identified

Outcome of MUIS-directed Review of Financial Transactions between Madrasah Irsyad Zuhri Al-Islamiah and Irsyad Trust Limited

Summary

Questions Identified

Full Transcript

Muhamad Faisal Bin Abdul Manap

Masagos Zulkifli B M M

Summary

Questions Identified