Malaysian-born Cardiff college founder accused of £5mil embezzlement
Yasmin Sarwar, co-founder of Cardiff Sixth Form College, is facing trial for the alleged embezzlement of £5 million from the institution. Her ex-husband and co-founder, Nadeem Sarwar, has already pleaded guilty to the charges.
Why it matters
The case exposes significant financial governance failures within a high-fee private educational institution that was registered as a charity.
King’s Counsel Mark Cotter told Merthyr Crown Court that Yasmin Sarwar and her then husband, Nadeem Sarwar, established Cardiff Sixth Form College in 2008, and that Yasmin had been 'taking money that did not belong to her' and 'then tried to cover it up'. (Cardiff Sixth Form College pic)
PETALING JAYA: The Malaysian-born woman who co-founded the elite education institution Cardiff Sixth Form College in Wales, UK, has been accused of embezzling £5 million from its accounts.
Yasmin Sarwar, who was a director and trustee at the college, claimed trial at Merthyr Crown Court to nine charges of theft and fraud.
The woman’s ex-husband, Nadeem Sarwar, also originally from Malaysia, pleaded guilty to stealing £5 million from the college at an earlier hearing.
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