PAC to study govt disbursements to NFC


The parliamentary Public Accounts Committee (PAC) will place a disbursements of supervision supports to a argumentative National Feedlot Corporation (NFC) underneath a microscope, when it meets again subsequent week.

NONEPAC chairperson Azmi Khalid (right) said: "We will demeanour during how supervision supports is eliminated to (the) NFC.

"Whether it (process of disbursements) follow procedures, as well as a (loan) agreement".

Speaking to reporters when met in Parliament House after chairing a PAC's assembly today, Azmi said that a cabinet is usually meddlesome in seeking during how RM250 million of open supports in a form of a soft loan was disbursed.

"We are not meddlesome in how NFC went about spending a money, that is now part of justice proceedings".

He related that today's assembly is with National Audit Department officers! , who presented a special audit of a NFC loan formed upon their two-month investigation.

Azmi said that a PAC has looked during a special inform as well as have asked a auditors to go behind as well as demeanour in to several areas some-more thoroughly, although he declined to comment upon details.

NONEThe permanent parliamentary cabinet began to demeanour in to allegations of abuse as well as mismanagement in a company, that is o! wned as well as operated by a family of former sovereign apportion Shahrizat Abdul Jalil, after irregularities pointed out in a final Auditor-General's audit inform as well as following a debate highlighting a make a difference by a Opposition party, caused open outcry.
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