KUALA LUMPUR – The Malaysian Muslim Consumers Association (PPIM) urged the Hadhari Imanee Foundation to disclose their financial sources for the entrepreneurs fund grant organised by them.
Its Legal Bureau Chairman, Datuk Hishamuddin Hashim said, as of now, a total of 300,000 participants have took part in the programme with the processing fee from as low as RM150 to RM350,000.
He said, the fees were collected to enable the participants to get grants between RM100,000 to RM400,000 for free.
“The entrepreneurs fund grant has been active for over a year and it was very aggressive upon nearing the 14th General Election (GE14).
“Some participants have paid the processing fee and were promised RM150,000 before GE14 and its balance after the election.
“Nevertheless, none of the participants got the funds they were promised to as of now and we’re unable to determine the amount of processing fees collected as the amount varies from one to another,” he said in a press conference which was also attended by its Chief Activist, Datuk Nadzim Johan at the headquarters of PPIM today.
Hishammuddin also urged the senior management of the foundation to come forward and answer the allegations by its participants as PPIM received enormous complaints about the organisation.
He said, the foundation needs to explain why it used the registration under charity organisation, Pertubuhan Kebajikan Hadhari.
“Please come forward to PPIM and make a press conference to explain on the discrepancy of this programme,” he said.
Meanwhile, Nadzim said that the senior management of the foundation came to PPIM previously to request for support on the entrepreneur fund project.
He was told that the foundation has solid financial worth US$20 trillion (RM80 trillion) from foreign exchange profit in Hong Kong.
Nevertheless, he was informed by several leaders of the foundation that they had become victim when the foundation’s name was used by irresponsible parties.
“I did not believe the amount of funds they had. I was also told that the programme was linked to Queen Elizabeth II and they also quoted the names of several politicians in the country.
“I would like to advise the public to be more prudent. Do not fall for programmes which quoted or used the names of certain leaders.
“I also hope that the police can act upon it fast as the participants had already lodged police reports.
“This press conference aims to stop the programme and provide awareness to the public,” he said.
Nadzim also regretted that the grant ‘sold’ the name of the former Prime Minister’s Office by saying that they have an account with a government-owned bank and is registered with the Companies Commission of Malaysia (SSM). -MalaysiaGazette