Cow condo purchase: 'Gov't has no say'

National Feedlot Centre (NFC) denied which supervision supports were used for the controversial squeeze of the RM9.8 million luxury condominium, pronounced Minister of Agriculture as well as Agro-based Industries Noh Omar.

NONEThe apportion explained which once NFC perceived income from the government, it was thereafter deliberate the company's in isolation supports as well as the supervision had no say as to how it would be used.

In the Sinar Harian report today, Noh (left) explained which the supervision h! ad loane d NFC RM250 million done in to the special loan comment (SLA) in Maybank which was controlled by the Finance Ministry.

Noh pronounced RM181 million from which comment had been disbursed to NFC based on the latter's claims.

The supervision only had control of supports which were in the SLA, though had none over how the organisation spends the income once it has been disbursed pronounced the minister.

"If the income has been paid to NFC after fulfilling set conditions, the supervision cannot control what NFC does with it together with purchasing the pronounced condominium, since it afterwards deliberate the company's money.

"Claims done by NFC are associated to plantation management only, as well as has absolutely nothing to do with the squeeze of condominiums.

"If there was in truth (a squeeze of the condominium) afterwards really such claims would not be reimbursed, since disbursements require the capitulation from the technical committee chaired by the executive of veterinary department as well as the Finance Ministry," pronounced Noh while officiating the parents as well as ! teachers ' organisation meeting in Tanjong Karang, Selangor last night.

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