Recall RM181mil loan to NFC, Kit Siang challenges Najib

Recall RM181mil loan to NFC, Kit Siang challenges Najib

As intolerable as the explanation about the RM10 million "cattle for condominium" liaison is the self-righteous statement by the Minister for Agriculture as well as Agro-based Industries Datuk Noh Omar helping as well as abetting the sum misappropriation of open funds.

Claiming which the National Feedlot Corporation (NFC) had not used supervision supports for the squeeze of the RM9.8 million Bangsar oppulance condominium, Noh pronounced which once NFC received income from the government, it was thereafter deliberate the company's private supports as well as the supervision had no contend as to how it would be used.

Noh pronounced the supervision had loaned NFC RM250 million made in to the special loan comment (SLA) in Maybank which was tranquil by the Finance Ministry.

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

The supervision usually had control of supports which were in the SLA, though had zero over how the company 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, including purchasing the pronounced condominium, since it is afterwards deliberate the company's money.

"Claims made by NFC have been related to plantation management only, as well as has positively zero to do with the squeeze of condominiums."

Clearly, something is really wrong about the "set conditions" imposed by the technical cabinet chaired by the Veterinary Department as well as the Finance Ministry for the recover of t! he loans to promote cattle prolongation which it could result in "excess funds" heading to the squeeze of the Bangsar oppulance condomium zero to do whatsoever with cattle plantation prolongation as well as management.

Instead of expressing surprise as well as startle during the misappropriation of the loans for cattle prolongation to squeeze the oppulance condominium, the Agriculture Minister has instead come out to defend the RM10 million "condominium for cattle" scandal!

There is no word of censure, condemnation or fear during such blatant misappropriation of open f! unds by the NFC especially as it concerned the family of the Cabinet Minister, which is particularly galling to typical Malaysians who have been perplexing to have ends meet.

Is this in actuality an thoughtfulness which such misuse of open funds, where mega loans have been given to companies either run by family members of Cabinet Ministers or cronies, have been mostly dissipated for an additional purpose from the those creatively approved, is really commonplace underneath the present administration?

Let the Prime Minister, Datuk Seri Najib Razak, the Deputy Prime Minister Tan Sri Muhyiddin Yassin as well as all Cabinet Ministers acknowledgement their stand either they fully determine with Noh Omar which there is zero wrong or amiss in such misappropriation of open supports such as in the "condominium for cattle" liaison as it is the usual occurrence underneath the Barisan Nasional government?

In fact, Najib should intervene in the RM10 million "condominium for cattle" liaison by recalling the RM181 million loan to NFC which have been not used for the purpose of cattle prolongation if the Prime Minister is serious about all the talk of the inhabitant mutation policy with the slogan of "People First, Performance Now".

- Lim Kit Siang is the DAP MP for Ipoh Timur

Read More @ Source

More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz

No comments: