Excerpt:
The country's largest Islamic school was used as a "milking cow that never runs dry", paying millions of dollars through interest-free loans and exorbitant, above-market-value rents to its controlling body, the umbrella organisation representing Muslims in Australia.
The payments were canvassed in the Federal Court yesterday as the Sydney-based Malek Fahd Islamic School, which has more than 2400 students and 300 staff, launched a last-ditch bid to stay afloat.
The case threatens to engulf senior members of the Islamic community who were involved with the finances of both the school and AFIC.