NFC is throwing another red herring


YOURSAY'Why indicate the finger during everyone as well as all else? Is this ultimate censure diversion an additional try to mess-up up the core emanate of suspected CBT?

NFC blames Agro Ministry for shortfall

your sayBrahman:It is agreed which the auditor-general should investigate with the fine tooth comb all aspects of NFC (National Feedlot Corporation), generally whether, upon tip of the RM250 million loan, was there anymore income outlayed in kind by the Agriculture Ministry for the growth of the feedlot, such as the highway leading to the farm, the H2O catchment system as well as the Napier weed planting.

The delay in an trade peculiarity abattoir (EQA) is immaterial as the loan was since for the growth of the feedlot so which the country would be to some extent excessively self-confident of beef (God usually knows, as all the cattle have been still paid for from Australia as well as not bred in Malaysia).

The income was not since for NFC to expor! t the beef. If which was the original idea, afterwards NFC should not be since any loan from the government.

It looks as if NFC could not even furnish enough beef profitably for the home market, with the necessity of freshly slaughtered beef, let alone compete with alternative beef-producing countries in the trade market. The NFC chairperson is obviously running an additional red herring.

Boiling Mud:Even if the allegation of the Agriculture Ministry deferri! ng the b uilding the whole of the trade peculiarity abattoir was true, there was no forgive to obstruct the loan monies to alternative purposes outward the scope as well as goal of the loan.

Why indicate the finger during everyone as well as all else similar to the spoilt kid great wolf? Is this ultimate censure diversion an additional try to mess-up up the core emanate of suspected criminal crack of trust (CBT)?

Phee Boon Jin:The objectives is to behind as well as raise cows, so don't tell us but an abattoir we can't raise cows.

Odin:You have RM250 million during your disposal. If we have been promised an abattoir but none is forthcoming, what should we do? You provoke the alternative party to set up one.

What if which party is rival or is incompetent to oblige? You set up it yourself. Surely, an abattoir cannot price unequivocally much. In any case, we need it, as well as it will be your company's asset.

But we did not do any of that. Instead, we have used the loan to financial activities as well as purchases which have zero to do with the role for which it (the loan) was granted.

In addition, we have displayed the typical bumiputera style of going in to business, i.e., display off even prior to breaking even as well as never mind creation profits.

Imagine such things as paying any of the young punks all clueless about the commercial operation the monthly income of RM20,000 to RM30,000, as well as carrying an office in an upmarket territory of Kuala Lumpur.

Anonymous$ &@?:Just yesterday ex-minister Shahrizat Abdul Jalil was observant which PKR executive of plan Rafizi Ramliwas ungratefulfor biting the hand which helped him. Today, the NFC is blaming the Agriculture Ministry for the woes. What the turnaround show of ! "ap preciation".

Can this additionally meant which she is sending out the warning to those who have been "involved" which if she goes down, she will additionally make certain which those "involved" in Cowgate will additionally go down with her?

It looks similar to the supervision will be covering up all the dung which hit the fan.

Yap CS: If we have not constructed the cows, because is the slaughterhouse so important? It is similar to asking for palm oil refinery when we have nonetheless oil-producing palms.

HYL:So this is an additional thing which our ex-women, family as well as community growth apportion as well as her family can do besides receiving alternative people's income - blaming others for their woes as well as misfortunes.

Shahrizat unequivocally has got the cow-hide which is so difficult as well as thick which she still thinks which she is right.

I consider the subsequent chairman they will censure will be PM Najib Abdul Razak as well as wife Rosmah Mansor, as well as afterwards former PM Dr Mahathir Mohamad. we consider the whole cabinet will get the censure earlier or later.

KiaSi-SiamSa! i:Hello, go behind to basics. Why was the income eliminated from land to subsidiary as well as to buy condominiums?

Why were the condos paid for underneath particular name of family members? Why did the house of directors approve this purchase, upon what role as well as for what business? Is the purchase in line with their main objectives of the feedlot project?

NH Gong:Who comes first? Shahrizat or Umno or the cow? Just give me the cow as well as we can have the alternative two, thank you.

Unspin:If the trade peculiarity abattoir was not ready, because was NFC authorised to pull down the RM250 million soft loan in full? Who au! thorized the loan pull down prior to this condition was met?

If investing in genuine estate was to ensure earnings whilst waiting for the abattoir to be built, because were the properties parked underneath the names of companies owned without delay by NFC chairperson Mohd Salleh Ismail as well as his children?

Lichwee: The emissary agriculture as well as agro-based industries apportion is too busy seeking up Pakatan Rakyat's skirts, trying to find issues instead of we do the his genuine job. Good one,! Chua Tee! Yong. Like father, similar to son.

Anonymous$ &@?:Even so, it does not meant which NFC can transfer income to third-party in isolation companies. Mohd Salleh, we hope we did not get accounting tips from Chua Jr.

Opah:No wonder NFC failed. Any sensible businessman, faced with the weight of repaying the RM250 million loan, would have bred as well as lifted as most cows as possible.

Finding an abattoir to massacre the grown cows would not be an emanate during all. Mohd Salleh's answer shows which he did not have any goal to repay the loan. He considered the loan as his money, to spend as well as deposit as he liked.

Ngecui:So unequivocally true. How can we censure NFC? They have been we do so much for the cows. And the federal supervision cannot even set up an abattoir.

So, how long contingency they have to wait? In the meantime, they have to take care of the cows so the cows don'tmerajuk(sulk). It is not an easy life when we have been traffic with cows.

That's because they have to buy condominiums, restaurants in all high-end areas. Because if not, the cows willmerajukand do not come to the abattoir, an even bigger problem.

So agriculture minister, we have been the usually the single to be blamed for ! because of you, they have to spend the RM250 million.Nasib baik(lucky) there is good governance in NFC.

We, Malaysians, have been unequivocally sad which the cows have been left but anyone to look after them. Luckily, there is NFC. If not, we can usually imagine the worst.

Thank you, Mohd Salleh, for the explicit reasoning. The country needs some-more smart people similar to you, generally in the government. Someone who unequivocally has heart for the cows.

Spirit of Malaya:As the comparison banker in the lending industry, there's usually the single word to describe the explanations as well as mitigation provided by the NFC chairperson - what the bucket of crap! - Malaysiakini
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