Fears grow Najib may let the Shahrizats off the hook on RM250m NFC loan like in MEX deal

Given a brand new e.g. of a Maju Expressway deal (MEX), it is not unfit which Prime Minister Najib Razak may let a family of Umno apportion Shahrizat Jalil shun without repaying in full a RM250 million supervision soothing loan postulated to rise a NFC cattle breeding project.

"It will certainly raise more questions as good as a people's anger," Rafizi Ramli, a PKR plan director, toldMalaysia Chronicle.

His Pakatan Rakyat colleague Tony Pua, a DAP MP for Petaling Jaya Utara, called upon Najib, who is additionally Finance minister, to move over "public relations damage-control exercise" as good as "political rhetoric" or lose serve open confidence.

"In a open interest, as good as to safeguard which every sen of taxpayers' monies is recoverable, both ministries contingency immediately direct a return of a RM250 million loan since to NFCorp, whose directors are a family (members) of Umno Wanita chief Shahrizat," Tony told a press conference during a Parliament lobby upon Thursday.

Tony was referring to a Finance Ministry as good as Agriculture as good as Agro-Based Industry Ministry. The National Feedlot Centre plan was awarded to NFCorp, a private firm owned by Shahrizat's father Salleh Ismail as good as their 3 children.

The family has been indicted of abusing their power as good as pillaging from a supervision loan as good as to obtain bank loans to buy oppulance condominiums for themselves.

Look during Maju Expressway

Tony ad! ditional ly pronounced a need to recover a supports was urgent since a supervision planned to re-tender a plan to other firms to manage. He additionally questioned if a supervision had consummated a agreement with NFCorp, saying if this was not done, inviting bidders would be a crack of a agreement.

Indeed, yesterday's proclamation which Najib was mulling brand new firms to take over a management of a NFC had sparked suspicion which he might be manipulating a closure to a high-profile examine into a Shahrizats, which is bound to serve confuse their Umno party.

There is additionally fright which Najib will additionally tighten his eyes to a RM250 million supervision loan postulated to NFC,, since a brand new e.g. with a sale of a Maju Expressway.

Maju was sole to EP Manufacturing Bhd for RM1.5 bil, causing market consternation after a Najib administration declined to insist which Maju's owners pay off a RM976.7 million value of supervision grants since to set up a highway. Najib's 'generosity' enabled Maju's owners to reap a huge distinction of around RM1.1 billion.

Malaysia Chronicle

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