`


THERE IS NO GOD EXCEPT ALLAH
read:
MALAYSIA Tanah Tumpah Darahku

LOVE MALAYSIA!!!


Monday, November 7, 2022

Hearing of govt suit against NFC resumes tomorrow

 


The hearing of the government’s suit against National Feedlot Corporation (NFC) has been adjourned to tomorrow.

The suit is to recover RM253.6 million in loan repayments and interest from the company in connection with the National Feedlot Centre project in Gemas, Negeri Sembilan.

High Court Judge Anand Ponnudurai set tomorrow to resume hearing of the case, which was earlier fixed for today.

This was after senior federal counsel Nurhafizza Azizan requested for postponement for both parties to negotiate for a possible out-of-court settlement.

Lawyer K Kirubakaran, representing NFC, also informed the court that NFC chairperson Mohamad Salleh Ismail (above), who is supposed to testify today, was not in court.

Justice Annand, who has been transferred to the Penang High Court, when adjourning the hearing to tomorrow, said the case had been going on for a long time since 2020.

He said, in the past, the parties involved had requested for a postponement to settle the matter.

“The parties could come to an amicable settlement while the trial is ongoing. I think it’s better to proceed with the case. If parties settle the suit, it is good. Otherwise, I do my job and make the decision,” he said.

In its suit, the government named the NFC as the first defendant.

Mohamad Salleh, who is former minister Shahrizat Abdul Jalil’s husband, and their three children, Wan Shahinur Izran, Wan Shahinur Izmir, and Wan Izzana Fatimah Zabedah, are the second to fifth defendants, respectively.

Other defendants are six companies controlled by Mohamad Salleh’s family, comprising National Meat & Livestock Corporation Sdn Bhd, Real Food Corporation Sdn Bhd, Meatworks Corporation Sdn Bhd, Agroscience Industries Sdn Bhd, Asian Bioscience Corporation Sdn Bhd, and Technology Imageware (M) Sdn Bhd.

The government claimed that it signed a loan agreement totalling RM250 million with NFC on Dec 6, 2007, to finance the costs of establishing and operating a National Feedlot Centre in Gemas as part of its policy to develop and increase beef production.

The loan was disbursed in three tranches and Mohamad Salleh’s family was claimed to have made 10 withdrawals amounting to RM180.51 million from Jan 24, 2008, to Jan 3, 2011.

Bernama

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.