WE refer to the news article at the Malaysiakini news portal on Dec 16 under the headline “RM40 million grant for TAR UC transferred to trust fund today”.
The article reported on a press conference at which it was announced that RM40mil had been disbursed to and paid into the CIMB Bhd account of the TAA (TARCian Alumni Association) Education Trust Fund, purportedly as a “grant” for Tunku Abdul Rahman University College (TAR UC). The article requires an immediate response from the TARC Education Foundation Board of Trustees (BOT).
