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Yapeim admits 'wrongdoing, negligence' by previous management

The Islamic Economic Development Foundation (Yapeim) today acknowledged the possibility of wrongdoing and negligence by its previous management.

Mohd Daud Bakar, who chairs Yapeim's new board of trustees, said today that this was found in an internal probe and an external audit conducted by PricewaterhouseCoopers (PwC) Malaysia...

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