Loan agreement shows NFCorp broke terms, says Pua

KUALA LUMPUR, Feb 25 — DAP MP Tony Pua today revealed the loan agreement signed by the National Feedlot Corporation (NFCorp), which he claimed proved the company had violated conditions attached to the RM250 million facility. The DAP publicity chief pointed out that Clause 3 of the agreement clearly states that the federal loan should…

DPM led approval of NFC award to minister’s family, says PAS veep

KUALA LUMPUR, Feb 20 — PAS vice-president Datuk Mahfuz Omar alleged today that it was Tan Sri Muhyiddin Yassin who chaired committee that awarded the RM250 million National Feedlot Centre (NFC) project to Agroscience Sdn Bhd, a company owned by minister Datuk Seri Shahrizat Abd Jalil’s husband. Claiming this was revealed during the Public Accounts…

Holy cow: What hold does Shahrizat have on Najib that he dares not to sack her?

One has to wonder to what degree of influence does Women’s minister Sharizat Jalil have over Prime Minister Najib Razak. Indeed, despite the mountain of demands to have her either removed forcibly or to resign voluntarily, she remains a fixture in the both in the Malaysian Cabinet and the jolly pirate ship that is Umno…

Cows and condos scandal highlights Malaysia’s faded reforms

(Reuters) – A scandal centred on cows and luxury condos raises the chances that Malaysian elections will be delayed and highlights Prime Minister Najib Razak’s stuttering efforts to reform the corruption-prone Southeast Asian nation. “Cowgate,” as it has inevitably been dubbed, is providing rich fodder for the opposition as it digs up dirt on a…

Shahrizat is Najib’s millstone

There was one serious flaw in the success story of Malaya: The emergent Malaysia bred generations of Malay politicians who, when caught with their hands in the public kitty, will do anything to hang on to power. They continue nonchalantly because they are confident their peers will play along with the charade. They delight in…

Prove non-involvement in NFCorp, Rafizi tells Shahrizat

KUALA LUMPUR, Feb 6 — PKR’s Rafizi Ramli today demanded Datuk Seri Shahrizat Abdul Jalil prove she was not involved with the National Feedlot Corporation’s (NFCorp) operations, saying it was a matter of utmost public interest. The PKR chief strategist charged that the Wanita Umno chief had not once refuted PKR’s allegations with concrete proof,…

No personal guarantee in loan to NFCorp, says PAC insider

KUALA LUMPUR, Jan 30 — There was no personal guarantee involved in the RM250 million government loan to the National Feedlot Corporation (NFCorp), giving rise to the question who is accountable to repay if the National Feedlot Centre (NFC) project fails, a member of the Parliamentary Public Accounts Committee (PAC) has confirmed. This comes amid…

PKR gives MACC two weeks to act against NFC head

PKR has given the Malaysian Anti-Corruption Commission (MACC) two weeks to arrest and charge National Feedlot Corporation (NFC) chairperson Mohamad Salleh Ismail over a bribery allegation. Failing this, the opposition party has threatened to pressure the government to set up a royal commission of inquiry (RCI) into the possibility that the MACC is protecting NFC.…

Whitewashing the NFC debacle

Since PKR leaders Rafizi Ramli and Zuraida Kamaruddin blew the lid off the RM250mil NFC debacle with their well-timed series of expose’ and revelations of greed, corruption and sheer financial imbecility, the scandal has morphed from being a mess into a quagmire for UMNO. Make no mistake, the UMNO elite are watching this case a…

Shamsubahrin: NFC chief pressured me to bribe police

Businessman Shamsubahrin Ismail, who has been charged with cheating National Feedlot Corporation (NFC) executive chairperson Mohamed Salleh Ismail, has claimed that the latter pressured him to bribe the police to cover up the company’s scandal. He made this claim in a police report lodged at the Klang General Hospital last Friday, which was revealed by…