Wednesday, November 2, 2011

TMI - Najib defends cattle project linked to minister’s family


KUALA LUMPUR, Nov 1 — Prime Minister Datuk Seri Najib Razak has dismissed allegations of abuse of power in the federal government’s RM250 million soft loan to a company owned by Cabinet minister Datuk Seri Shahrizat Jalil’s husband that operates the National Feedlot Corporation (NFC).

Najib, who is also Finance Minister, said today in a written reply to a parliamentary question that the company — Agroscience Sdn Bhd — had been selected to operate the NFC project to create Malaysia’s “Beef Valley” after a tender process involving five other companies.

The Auditor-General’s Report released last week had criticised the project, and pointed out that it was now “in a mess”.

It said production in 2010 was only 3,289 head of cattle or 41.1 per cent of the target set.

Yesterday, Minister of Agriculture and Agro-based Industry Datuk Seri Noh Omar told Parliament the NFC project was a success, insisting that the cattle farming scheme met its target of producing 8,000 head of cattle by 2010.


read more at TheMalaysianInsider.com

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