NFCorp denies Rafizis money-laundering charge


KUALA LUMPUR, Sept 13 The National Feedlot Corporation (NFCorp) today denied that it had misused a supervision loan to squeeze stock cattle by a pull firm, dismissing a allegation as yet an additional "distortion as well as misrepresentation" from PKR's Rafizi Ramli.
In a matter here, a organisation commissioned to run a scandal-ridden National Feedlot Centre (NFC) plan explained that a cattle squeeze was done legitimately by a Singapore-based Global Biofuture Pte Ltd, a association it had determined to commence "import logistics, squeeze of stock cattle as well as delivery to NFCorp".
"As always, Rafizi(picture)has never given a full as well as correct design of NFCorp and, during best, offers lies, insinuations, fabrications, distortions as well as misrepresentations," pronounced a organisation run by family members of former minister Datuk Seri Shahrizat Abdul Jalil.
On Tuesday, Rafizi had lobbed yet an additional indictment against a Umno leader as well as her family members over a NFC scandal, this time claiming that NFCorp had committed money-laundering in a squeeze of stock for a project.
The PKR strategy director, who currently faces court charges for his NFC exposes, had shown reporters papers that revealed exchange by a few companies controlled by Shahrizat's family over a US$ 990,402 (almost RM3 million) squeeze of cattle from an Australian stock company.
He showed an check from South East Asian Livestock Services Pty Ltd antiquated Oct 14, 2010, for a sale of cattle to Global Biofuture, a organisation additionally run by Shahrizat's family members.
An email purportedly from Meatworks Singapore's Donna Yong to NFCorp's finance department antiquated Oct 25, 2010 was additionally shown, where a request for remuneration of a cattle squeeze was made.
! Rafizi f orked to a form sealed by Yong upon a same day requesting National Meat as well as Livestock Corporation Sdn Bhd (NMLC) to issue a cheque for US$ 990,402 as payment.
"This means that NFC money has been illegally eliminated by NMLC to Global Biofuture Pte Ltd (which is) owned by Datuk Seri Shahrizat Jalil's family," he claimed.
Rafizi pronounced that this was not usually in breach of a Anti-Money Laundering Act but additionally a Companies Act, observant "the directors of NMLC will be prosecuted for illegally profitable an additional company's (Global BioFuture) invoice."
Under a Anti-Money Laundering Act, Bank Negara has to investigate when it has "grounds to hold that a source of supports is suspect, that a objective of (funds) send is suspect", Rafizi had explained.
He pronounced a transaction lifted doubts upon either Shahrizat's family had gained unlawful distinction twice in a sale of stock to NFCorp.
"Why can't NFCorp directly squeeze a cattle from a suppliers without starting by a pull (Global BioFuture) that is coincidentally owned by Datuk Seri Shahrizat Jalil's family?" he had forked out.
But NFCorp explained today that it had to settle separate companies to grasp a idea as well as purpose in handling a NFC project, a RM250 million federally-funded cattle-farming initiative directed during achieving a country's National Meat Policy (Ruminant Sector) 2006.
"In assembly a objectives of a core commercial operation as well as to safeguard efficiencies, NFCorp determined a group of companies to specialise in their particular fields," a organisation said.
It added that a supports to squeeze a stock cattle had come from a supervision loan from a Finance Ministry, whereby a loan agreement was sealed upon December 6, 2007.
"The supports from a supervision have been clean, as well as not bootleg or unlawful in nature," it said,
"Rafizi Ramli has regularly been upon ! an unwar ranted conflict upon NFCorp, a association usually in a second year of operations in a 30-year contract with a government.
"He lied upon a Auditor-General's 2010 Report, a KL Eco City bank loans, a 5,000 acres of land in Gemas, a series of cattle in NFC Gemas as well as many others," a organisation said.
Rafizi, a NFCorp added, "is not to be believed".
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