The embattled National Feedlot Corporation (NFC) is in the midst of preparing two lawsuits against PKR director of strategy Rafizi Ramli and the bank which leaked NFC directors’ personal banking details.
In statement today, NFC executive chairperson Mohamad Salleh Ismail (left) said the company is taking legal action against the bank for having “failed to comply with the demands of the companies and directors”.
NFC has also lodged a formal complaint with Bank Negara against the bank on the same matter.
Two separate police reports have also been lodged by Mohamad Salleh against Rafizi and the bank, respectively, for contravening the Banking and Financial Institutions Act (Bafia) 1989.
“It is believed this is the first ever in Malaysia’s banking history that the public distribution and display of private and confidential details of 21 entities had been made without the authorised consent of the entities and directors,” the company said.
Rafizi (right) had allegedly disclosed NFC directors’ personal banking information and credit ratings during a press conferenceon March 7, exposing the directors’ personal purchase of eight KL Eco City units.
In statement today, NFC executive chairperson Mohamad Salleh Ismail (left) said the company is taking legal action against the bank for having “failed to comply with the demands of the companies and directors”.NFC has also lodged a formal complaint with Bank Negara against the bank on the same matter.
Two separate police reports have also been lodged by Mohamad Salleh against Rafizi and the bank, respectively, for contravening the Banking and Financial Institutions Act (Bafia) 1989.
“It is believed this is the first ever in Malaysia’s banking history that the public distribution and display of private and confidential details of 21 entities had been made without the authorised consent of the entities and directors,” the company said.
Rafizi (right) had allegedly disclosed NFC directors’ personal banking information and credit ratings during a press conferenceon March 7, exposing the directors’ personal purchase of eight KL Eco City units.
In doing so, Mohamad Salleh said, Rafizi exposed banking details and credit ratings of NFC and associate companies National Meat and Livestock Corporation, Real Food Company, Agroscience Industries and the directors and shareholders.
The politician had then raised suspicion the directors had used their control of NFC funds as leverage to obtain loan for the purchases.
The Bafia bars the disclosure of personal banking information to third parties without authorisation, and prohibits anyone who has this knowledge to pass the information to someone else.
No loans taken for KL Eco City buys
Mohamad Salleh said Rafizi had “misled the media and public with his deliberate distortion of the facts” by saying that NFC directors had leveraged on their control of NFC funds to get loans for the KL Eco City purchases.
“There never was any loan taken for the KL Eco City investments,” he said in the statement.
Mohamad Salleh, who was giving his statement on the matter at the Travers police station, said Rafizi’s “numerous slanders had resulted in disrepute, public odium and outrage”.
“(Rafizi’s) statements (were) founded on a combination of distortion of facts, cherry-picked figures and outrageous lies,” he added.
Mohamad Salleh’s wife, Shahrizat Abdul Jalil has filed a lawsuit against Rafizi and PKR Wanita chief Zuraida Kamaruddin for alleged slander.
The duo has since filed a countersuit against Shahrizat, who quit as Women, Family and Community Development Minister in April following the scandal.
The politician had then raised suspicion the directors had used their control of NFC funds as leverage to obtain loan for the purchases.
The Bafia bars the disclosure of personal banking information to third parties without authorisation, and prohibits anyone who has this knowledge to pass the information to someone else.
No loans taken for KL Eco City buys
Mohamad Salleh said Rafizi had “misled the media and public with his deliberate distortion of the facts” by saying that NFC directors had leveraged on their control of NFC funds to get loans for the KL Eco City purchases.
“There never was any loan taken for the KL Eco City investments,” he said in the statement.
Mohamad Salleh, who was giving his statement on the matter at the Travers police station, said Rafizi’s “numerous slanders had resulted in disrepute, public odium and outrage”.“(Rafizi’s) statements (were) founded on a combination of distortion of facts, cherry-picked figures and outrageous lies,” he added.
Mohamad Salleh’s wife, Shahrizat Abdul Jalil has filed a lawsuit against Rafizi and PKR Wanita chief Zuraida Kamaruddin for alleged slander.
The duo has since filed a countersuit against Shahrizat, who quit as Women, Family and Community Development Minister in April following the scandal.
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