College founder denies stealing more than £5m and blames husband, court hears
Yasmin Sarwar denies nine theft and fraud charges over more than £5 million allegedly taken from Cardiff Sixth Form College, the school she founded with her husband. At Merthyr Tydfil Crown Court, prosecutors said she set up sham companies to conceal funds and continued to blame her husband, Nadeem Sarwar, who has admitted stealing £5 million.
The prosecution alleges the couple treated the charity college as their own and used its money to support a lavish lifestyle. It says financial decisions, including setting their salaries, were made by the couple rather than the board of 11 trustees, some of whom were relatives; some meeting records may have been falsified. An accountant has admitted causing misleading information to be included in reports, and the trial is continuing.
- Yasmin Sarwar denies nine charges linked to more than £5 million.
- Her husband has admitted stealing £5 million from the college.
- Prosecutors allege charity funds were used for the couple’s lifestyle.
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Cardiff Sixth Form College is a charity school in Wales founded by Yasmin Sarwar and her husband Nadeem. The couple established and continue to run the educational institution.
The college has faced allegations of serious financial misconduct involving more than £5 million. Prosecutors allege the couple used the charity's funds for personal expenses and treated the institution as their own business rather than a public trust.
Charity schools in the UK operate under regulations requiring transparent financial management. The college had a board of trustees responsible for oversight, including some relatives of the founders. The case raises questions about how effectively educational charities are monitored and controlled.
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Originally published by Daily Mail as “‘Tiger mum’ accused of stealing £5million from top sixth form college blames her husband, court hears”.