The National Feedlot Corporation (NFCorp) rubbished today claims it misappropriated public funds, stating that its RM250 million government loan must be repaid else “we will be declared bankrupt or locked up in jail”.
Executive director Wan Shahinur Izmir Salleh said at a briefing organised by a group calling themselves the Coalition of Malaysian NGOs that “stories saying we are getting free money are unreasonable.”
“RM250 million is a big amount. If we play around without direction, my children’s future will be destroyed. For centuries, we will be saddled with debt,” he said, looking uncomfortable in front of attendees and reporters who had waited for two hours for him to arrive.
“The loan agreement has been signed. If we don’t pay back, we will be declared bankrupt or locked up in jail. We will pay every sen plus interest. The question of misappropriation does not arise,” Izmir, who is Datuk Seri Shahrizat Abdul Jalil’s son, said.
After speaking for just 20 minutes, Izmir refused to field questions from reporters.
“I am sorry I cannot address the media today. I only came to explain matters to the NGOs,” he said before leaving in his SUV.
NFCorp, which is owned by Shahrizat’s family, had its assets frozen recently to facilitate investigations by police and the Malaysian Anti-Corruption Commission (MACC) into allegations of breach of trust in the national cattle farming project.
This came after a series of exposés by PKR, which claimed at least RM27 million was used for land, property and expenses unrelated to cattle farming by Wanita Umno chief Shahrizat and her family.
The women, family and community development minister has since sued PKR’s strategic director Rafizi Ramli and Wanita chief Zuraida Kamaruddin over the claims.
Earlier today, Deputy Prime Minister Tan Sri Muhyiddin Yassin also rejected calls from the opposition for a royal commission of inquiry into the scandal by saying the police and MACC were capable of handling the matter.
The RM250 million federally-funded cattle-farming project was first coined a “mess” in an article in a local daily after it made it into the pages of the A-G’s 2010 Report.
The term was later repeatedly reused by various media organisations to describe the NFC after PKR launched a series of exposés to show the project’s funds were being abused.
NFCorp, which was awarded the project in 2006, had thanked Auditor-General Tan Sri Ambrin Buang yesterday for clarifying that he had not called the company a “mess” in his 2010 report, saying the explanation would help strengthen public perception of its operations.
The company said the Auditor-General’s statement on Friday would help put to rest months of “tireless bashing from hardline critics” against NFCorp, which operates the scandal-ridden National Feedlot Centre (NFC) project.
Shahrizat returns to ministerial duties on February 6 after taking three weeks’ leave to allow authorities to complete their probes.
Discrepancies galore that Najib and Muhyiddin failed to provide answers for

Yet despite documented evidence and a slew of police reports, Prime Minister Najib Razak and his Umno party insists there is no wrongdoing in the RM250mil NFC debacle, where Shahrizat’s family was accused of misappropriating public money including using the funds to buy luxury condominiums for themselves, high-end residential land, and making cash transfers to family-owned firms.
Muhyiddin, the Agriculture minister in 2006, had approved and awarded the cattle breeding project to Shahrizat’s husband and children.
In his 2010 report released recently, the Auditor-General has made it clear there were weaknesses in the way NFC was being managed, but Umno is trying to squirm out of a corruption probe that can create a shakeup in its ruling elite.
Muhyiddin himself was accused of negligence in awarding the project to the Shahrizats. He has refused to call for a Royal Commission of Inquiry despite growing calls from the public to do so, although he recently agreed to appoint an auditor.
Umno tries to whitewash the NFC corruption

Meanwhile, Transparency International has ticked off the NFC for a recent statement it said aimed to confuse the public, advising the Malaysian Anti Corruption Commission to intensify its probe into all related parties.
DAP adviser Lim Kit Siang, who is also the Ipoh Timur MP, also pointed the discrepancies in NFC, demanding an RCI.
“There is something very rotten about the RM336.64 million National Feedlot Centre (NFC)/National Feedlot Corporation (NFCorp) “cattle condo” scandal – what with a RM250 million soft loan at 2% interest to promote cattle production used to buy two units of luxury condominiums in Kuala Lumpur and another condominium in Singapore, purchase of land in Precinct 10 Putrajaya, close to a million ringgit expenditures on overseas trips and extraordinarily high salaries for the family members of Datuk Seri Shahrizat, Minister for Women, Family and Community Development,” said Kit Siang in a statement.
“Second, that very high-level personalities are involved whether in the scandal or in the decision-making process resulting in the scandal, and that the personalities who must clear themselves include not only Shahrizat but also the Prime Minister, Datuk Seri Najib Razak who was then Chairman of the Cabinet Committee on High Impact Projects which approved the NFC project in 2006, Deputy Prime Minister, Tan Sri Muhyiddin Yassin, who was then the Minister for Agriculture and Agro-Based Industries, Datuk Seri Nor Omar, current Minister for Agriculture and Agro-Based Industries, even the former Prime Minister, Tun Abdullah as well as the entire former Cabinet before the 12th General Elections on March 8, 2008.
“Third, the initial reactions of the various authorities unanimously trying to avoid touching the NFC/NF Corp scandal with a “barge pole”, although the Auditor-General, Tan Sri Ambrin Buang signed off the Auditor-General’s Report 2010 on 8th July 2011 with copies sent to the various relevant authorities, including the Cabinet.”
Prime Minister Manmohan Singh has finally broken his silence to offer his defence in the 2G spectrum scam, which is fast paralysing the government. He has essentially blamed former telecom minister A Raja and coalition pressures for all the wrongdoings and promised that the guilty will be punished irrespective of rank or influence.