Trial set in £5m fraud case

Three people have appeared in court charged with fraud and other offences in connection with an alleged £5m theft at a leading sixth form in Wales.

Nadeem Sarwar, 48, from Pentwyn, Cardiff, pleaded not guilty to nine fraud and theft offences totalling more than £5m while Yasmin Sarwar, from Cyncoed, Cardiff, pleaded not guilty to all nine charges against her.

Ragu Sivapalan, 39, from Penylan, pleaded not guilty to a charge of false accounting between January 2013 and July 2016.

All three were directors or trustees at the independent Cardiff Sixth Form College. Their trial was set for 1 September 2026 and all three were released on bail.

Nadeem Sarwar is accused of fraud, three counts of theft, four counts of acquiring criminal property and possessing criminal property.

Yasmin Sarwar is accused of fraud, two counts of theft, two counts of fraudulent trading, acquiring criminal property and three counts of transferring criminal property.