Thursday, November 10, 2011

TMI - PKR claims NFC funded RM10m Shahrizat family condo

KUALA LUMPUR, Nov 10 — The National Feedlot Centre (NFC) paid for a RM10 million condominium belonging to National Meat and Livestocks Corporation (NMLC), a company wholly-owned by Datuk Seri Shahrizat Jalil’s family, PKR said today.

Its secretary-general, Saifuddin Nasution, said the luxury apartment at One Menerung, Bangsar, was recorded by NFC, a cattle farming project managed by the minister’s family, as part of a RM83 million “loan” to NMLC.

“They said the RM250 million loan for the project was in a tightly-controlled account. Is the condominium for cows to live in?” the Machang MP told a press conference in the Parliament lobby.

Umno Youth chief Khairy Jamaluddin had said yesterday that funds from the soft loan could only be drawn after NFC tables a working paper and is approved by the finance ministry.

Minister of Agriculture and Agro-based Industry Datuk Seri Noh Omar also said that only RM135 million had been drawn by the NFC as the funds have been placed in an escrow account.

PKR also alleged on Tuesday that over RM84 million was siphoned off from NFC to companies controlled by Shahrizat’s husband, Datuk Dr Mohamad Salleh Ismail, and her children, Izran Mohamad Salleh and Izmir Mohamad Salleh.


read more at TheMalaysianInsider.com

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