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10 APRIL 2024

Friday, November 18, 2011

Police investigating NFC over cowgate scandal

Inspector-general of police Ismail Omar today confirmed that the National Feedlot Corporation (NFC) is under investigation for possible criminal breach of trust (CBT) or cheating.

The investigation is being carried out by the Commercial Crime and Investigation Department (CCID), according to a report by The Star’s online edition.

“We will call those involved to assist in investigations. We urge people to stop speculating and allow us to carry out investigations without any unnecessary pressure,” he was quoted as saying.

The investigation comes after pro-Pakatan Rakyat NGO Jingga 13 lodged an complaint against NFC with the Malaysian Anti Corruption Commission (MACC).

However, MACC claimed that the matter did not fall within its jurisdiction and referred the matter to the police.

NFC, which was appointed to manage the National Feedlot Centre, a major livestock farming and beef production facility, became embroiled in controversy after PKR alleged it mis-spent the RM181 million government soft loan granted for the project.

azlanPKR strategy director Rafizi Ramli had revealed the loan was used by NFC to purchase luxuriouscondominiumsand an expensiveoverseas trip, on top of linking Umno leaders whom he claimed had benefitted from the company.

He further claimed that NFC paid RM26,400 in expenses for Women, Family and Community Development Minister Shahrizat Abdul Jalil, whose husband, Mohamad Salleh Ismail, is executive chairperson of the company.

However Salleh, in a press conference yesterday, denied any wrong doing and justified the condominium purchases as a sound investment.

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