PKR secretary-general Rafizi Ramli today challenged the National Feedlot Corporation (NFC) to reveal the minutes of its board meeting and annual general meeting (AGM) where RM49.75 million worth of transactions were approved.
Rafizi yesterday claimed that Putrajaya gave “retrospective” approval to NFC’s RM9.75 million purchase of two condominiums in Bangsar and a RM40 million transfer to the National Meat and Livestock Corporation (NMLC).
These backdated approvals had allowed NFC chairman Datuk Seri Mohamad Salleh Ismail to be acquitted of two Criminal Breach of Trust (CBT) charges at the High Court yesterday.
Among the issues, he said, was the fact that NMLC, a company controlled by Salleh and his wife, Wanita Umno chief Datuk Seri Shahrizat Abdul Jalil, did not get approval to become a NFC subsidiary until two years after the transaction took place.
“The people should be able to see for themselves how the decision to make NMLC a subsidiary was made after the funds were transferred without permission,” he said.
The NFC scandal started in 2011 when it was revealed by the auditor-general that the feedlot project was not moving despite obtaining a RM250 million soft loan from the government.
Salleh was eventually charged with two counts of CBT in 2012, after revelations that NFC funds were used to purchase two condominiums at One Menerung, Bangsar.
The government previously said it was mulling legal action against NFC as it was unable to pay the interests and principal on the soft loan. – November 25, 2015
– See more at: http://www.themalaysianinsider.com/malaysia/article/rafizi-dares-nfc-to-make-minutes-public-showing-rm50-million-approval#sthash.PJkGlQ8G.dpuf