Osama Saeed - Mismanagement of Public Funds and Unethical Business Practices

Mismanagement of Public Funds and Unethical Business Practices

In total, SIF, headed by Osama Saeed, squandered almost half a million pounds in grant money from the Scottish Government in less than two years of operation (2008-2010), over £200,000 of which was from taxpayer revenue. His resignation from Scottish politics, and subsequent escape to Qatar, took place only three days after his Scottish Islamic Foundation organisation received a damning auditor’s report on their finances and the threat of legal action. Scots Labour leader Iain Gray has stated that, “Serious questions need to be asked about this organisation.”. Even before SIF met its ill-fated demise and was forced to repay some of the funds it had squandered, Saeed himself pocketed a handsome paycheck as SIF's Chief Executive. Although he has continued in self-promotional activities in the Middle-East, few consider he will ever return to Scottish public life in light of the in-fighting that he has created within the Scottish-Muslim community and his betrayal of public trust.

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