Pua urges immediate freeze on all NFCorp assets

By Lisa J. Ariffin

KUALA LUMPUR, Feb twenty-six DAP MP Tony Pua today demanded the freeze on all internal as good as international resources of the National Feedlot Corporation (NFCorp) as good as its directors to forestall any attempt during disposal, pointing out which it involves RM250 million value of open funds.

The Petaling Jaya Utara MP pronounced if the firms resources have been not solidified as good as such disposals have been later discovered, the relevant enforcement agencies contingency then be taken to task for jeopardising open interest.

The military contingency take all required actions to ensure which the open funds would be recoverable in the eventuality of the assign as good as conviction, Pua pronounced in the statement here.

He concurred which Prime Minister Datuk Seri Najib Razak had already voiced final month which the companys resources have been solidified tentative the examine into allegations of incorrectness in its operations.

But Pua (picture) noted which from the exposes done to date, many of the resources acquired possibly without delay or indirectly with funds meant for the National Feedlot Centre (NFC) plan were done in the names of NFCorps particular directors.

These, he said, enclosed the multimillion ringgit properties purchased with NFC monies in Malaysia as good as Singapore, as good as companies in Singapore such as MeatWorks (Singapore) Pte Ltd.

To ensure which these resources have been not disposed off during the expense of the tax-payers, the military contingency right away beginner actions to have these properties as good as resources solidified since they have been recommending which the directors be charged for CBT (criminal crack of trust), he added.

Pua combined it was transparent which NFCorp had breached the conditions of the loan agreement by utilising funds for purp! oses alt ernative than which authorized as good as stressed the need of an immediate freeze.

It is transparent from the NFC loan agreement done accessible yesterday which NFC has breached the conditions of the loan agreement by utilising funds for purposes alternative than which approved.

It has already been at large proven as good as admitted which the directors of NFC had used monies from the loan to acquire properties in Kuala Lumpur as good as Singapore, he said.

Yesterday, military had asked the Attorney-Generals Chambers to assign NFCorp directors with CBT after antithesis politicians claimed the partial of the governments RM250 million soft loan was used for alternative purposes.

NFCorp, which operates the inhabitant cattle-farming project, is chaired by sovereign apportion Datuk Seri Shahrizat Abdul Jalils husband, Datuk Seri Mohamad Salleh Ismail. Their 3 young kids also reason executive posts in the company.

The NFC hit the headlines after it done it into the Auditor-Generals Report final year, as good as has continued to sow the limelight after it was linked to Shahrizat as good as her family.

Since then, PKR has revealed countless startling exposes over the scandal-ridden project, including allegations which millions of ringgit have been siphoned off for land, skill as good as personal expenses unrelated to cattle farming.

But recently, in response to claims which NFCorp had purchased dual oppulance condominiums value RM34 million in Singapores posh Marina Bay Suites, Shahrizats son Wan Shahinur Izmir had explained which the association had motionless which it would have improved use of the money by investing in skill during the mangle in commercial operation operations.

The break, pronounced Wan Shahinur Izmir, was caused by the governments decision to suspend the construction of an abattoir which would have been rented to NFCorp. According to Pua, however, the Finance Ministry had told the parliamentary committee final Nov which there was no sustenance! which p ermits the NFCorp to use its sovereign loan to squeeze property.

Since the scandal exploded in the media, Shahrizat has been faced with steady calls for her resignation, even from her colleagues in Umno. But she has insisted which the plan had nothing to do with her.

The Wanita Umno chief applied for 3 weeks leave from her ministerial duties final month when brand new allegations of bribery surfaced. She has since resumed her duties.

Deputy Prime Minister Tan Sri Muhyiddin Yassin voiced final month Putrajaya would appoint an auditor to scrutinise NFCorps books in light of accusations done opposite the company, but discharged calls for the stately commission of inquiry into the NFC.


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