Directors and senior officers of the Malaysian Islamic Economic Development Foundation have been paid large bonuses and allowances that are unbecoming of the organisation's status as a charity foundation. – The Malaysian Insight file pic, May 11, 2019.
LARGE bonuses of between RM250,000 and RM400,000 a year were paid to the management and senior officers at the Malaysian Islamic Economic Development Foundation , a charity trust fund with various investments used to fund orphans’ welfare. The Malaysian Insight obtained a report on the foundation’s restructuring plan which said directors received RM400,000, senior officers RM250,000, the director-general RM100,000 and others in senior positions RM35,000.
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