NFC: Police probing into cash for luxury condos

Police are attempting to determine how a National Feedlot Corporation (NFC) performed RM13.8 million to squeeze dual units of oppulance condominiums in upmarket One Menerung Bangsar, Kuala Lumpur.

A source told a New Straits Times which according to a RM250 million soft loan agreement signed between a supervision as well as NFC, a supports will only be expelled once a contractors billed a corporation, which will afterwards contention a invoice or smoothness sequence to a government.

"For example, if a contractor traffic with a NFC submits a check for RM20,000, a house will brazen a check to a supervision agency, which will afterwards expend a money.

NONE"This is how a disbursement process was meant to be. If which is a case, military want to know where a supports for a dual condominiums came from," a source was quoted as saying.

Police investigations also targeted a purchases of dual plots of land in Presint 10 Putrajaya for RM3.3 million, a Mercedes Benz CLS350 CGI for RM534,622 as well as another tract of land in Gemas, Negeri Sembilan.

"We are really meddlesome in a merger of land in Putrajaya as well as real estate purchases."

According to a news report, ! military w ill record statements as well as check papers from some-more than 100 contractors who had exchange with a NFC.

The source also disclosed which about a year ago, military had received reports from a NFC regarding thefts of cattle, beef, as well as date. Six people, together with employees of a corporation, were nabbed over a thefts.

NFC chairperson gripping low profile


Meanwhile, notwithstanding mounting vigour for a full reason on a allegations, NFC senior manager chairperson Mohamad Salleh Ismail has chosen to ke! ep a low profile.

NONEAlthough a allegations were done by PKR plan director Rafizi Ramli a month ago, Salleh told a Malay every day Berita Harian which he is still study a make a difference before receiving further action, together with bringing a opposition party to court.

Declining to blow up further, Salleh replied a daily's enquiry through a text summary yesterday: "I'm now study Rafizi's allegations for further action."

When asked about a movement to be taken, he repeated: "I will study a allegations as well as take adequate action."

Salleh is a father of Women, Family as well as Community Develop! ment Min ister Shahrizat Abdul Jalil.

He has been silent after job a press conference final month for comparison media to answer some of a allegations.

Accounts of NFC, a cattle-farming plan saved by taxpayers, were reported to be "in a mess" in a Auditor-General's Report, which was expelled in October.

Digging deeper, PKR has since unearthed open papers which suggested NFC's sister-company, National Livestock as well as Meats Corporation, had used part of a RM250 million supervision loan to some questionable purchases.

The controversy has put Shahrizat underneath vigour within as well as outward of a party. At slightest dual of her Umno colleagues have plainly urged her to step down while several others have demanded a integrate to explain a allegations.

Insisting which she has zero to do with a project, a Wanita Umno chief has refused to take any questions pertaining to a matter.

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