National Feedlot Centre (NFC) denied that government funds were used for the controversial purchase of a RM9.8 million luxury condominium, said Minister of Agriculture and Agro-based Industries Noh Omar.
The minister explained that once NFC received money from the government, it was thereafter considered the company’s private funds and the government had no say as to how it would be used.
In a Sinar Harian report today, Noh (left) explained that the government had loaned NFC RM250 million made into a special loan account (SLA) in Maybank that was controlled by the Finance Ministry.
Noh said RM181 million from that account had been disbursed to NFC based on the latter’s claims.
The government only had control of funds that were in the SLA, but had none over how the company spends the money once it has been disbursed said the minister.
“If the money has been paid to NFC after fulfilling set conditions, the government cannot control what NFC does with it including purchasing the said condominium, because it then considered the company’s money.
“Claims made by NFC are related to farm management only, and has absolutely nothing to do with the purchase of condominiums.
“If there was indeed (a purchase of a condominium) then definitely such claims would not be reimbursed, because disbursements require the approval from the technical committee chaired by the director of veterinary department and the Finance Ministry,” said Noh while officiating a parents and teachers’ association meeting in Tanjong Karang, Selangor last night.
The minister explained that once NFC received money from the government, it was thereafter considered the company’s private funds and the government had no say as to how it would be used.
In a Sinar Harian report today, Noh (left) explained that the government had loaned NFC RM250 million made into a special loan account (SLA) in Maybank that was controlled by the Finance Ministry.
Noh said RM181 million from that account had been disbursed to NFC based on the latter’s claims.
The government only had control of funds that were in the SLA, but had none over how the company spends the money once it has been disbursed said the minister.
“If the money has been paid to NFC after fulfilling set conditions, the government cannot control what NFC does with it including purchasing the said condominium, because it then considered the company’s money.
“Claims made by NFC are related to farm management only, and has absolutely nothing to do with the purchase of condominiums.
“If there was indeed (a purchase of a condominium) then definitely such claims would not be reimbursed, because disbursements require the approval from the technical committee chaired by the director of veterinary department and the Finance Ministry,” said Noh while officiating a parents and teachers’ association meeting in Tanjong Karang, Selangor last night.
2 comments:
Umno Youth chief Khairy Jamaluddin desires a unified school system for Malaysia. What it means is that Barisan Nasional will be willing to become one party with membership open to all races and religions in Malaysia. In return, the Malaysians must allow a unified school system in Malaysia. In Malaysia they have national schools and national type schools. Whatever Khairy wants to comment about should be confined to national schools, not the national type schools. As regards to national type schools, Khairy should hold his tongue and mind his own business.
It does not matter what Khairy Jamaluddin says or does not say. In the world of the future we will see China growing stronger socially, politically, and economically. That’s it. With every passing day both China and India are growing stronger socially, politically, and economically. Khairy Jamaluddin’s statements will not make any changes. In the world of the future it may be an asset to know Chinese language. Khairy should encourage more Malays to send their children to Mandarin medium schools.
Some how, Khairy Jamaluddin is trying to create a link between the UMNO-BN on the one hand and Chinese medium and Tamil medium schools on the other hand. Who cares about the future of UMNO-BN? Nobody. Whether UMNO-BN wins or loses the next elections, the Chinese and Tamil medium schools should and will survive. No political party should touch the Chinese and Tamil medium schools. Whatever changes that the political parties want to make in the education sector should be regarding the national schools, not national type schools.
Who cares whether Barisan Nasional is divided into numerous component parties or becomes a singular multi racial and multi-religious party? It will make no difference because with every passing day both China and India are strengthening socially, politically, and economically. This is the future. The future is not Khairy Jamalludin. Khairy is too small for China. The future is China and India; and both nations are non-Muslim nations. The Chinese in Malaysia should continue to send their children to Chinese medium schools. Penang, Sabah, and Sarawak deserve greater autonomy. Furthermore, Philippines claims Sabah. Does Sabah belong to Malaysia or Philippines? We need one nation with several systems in Malaysia. One nation with one system will not work in a multi-religious and multi-lingual nation like Malaysia.
In the 1960's and !970's, many Chinese Malaysians spoke English among themselves. In year 2011, Chinese Malaysians speak Mandarin among themselves. I would like to commend UMNO-BN government for strengthening and consolidating the Mandarin language in Malaysia. UMNO-BN should be credited for increasing Mandarin usage in Malaysia. What ever changes in the education sector that UMNO brought about is indeed on the right track because Mandarin usage has increased. Furthermore, UMNO has been visionary because she has been able to predict the rise of China in the 21st century. Increasing Mandarin usage will benefit Malaysia because China is a rising power in this world. If only UMNO continues her pro-Mandarin policy, it will augur well for Malaysia in the long run. It is time to consider making Mandarin an official and national language in Malaysia.
Yes, one nation with one system will not work in a multi-religious and multi-lingual nation like Malaysia. All the three languages, Chinese, Malay, and Tamil, are different niches in Malaysia. They all contribute to Malaysia. Please ask Khairy to hold his tongue and mind his own business as regards to Chinese medium and Tamil medium schools.
The bottom line is that, no matter who says what, the future is that with every passing day both China and India are growing socially, politically, and economically.
It is less known by many that NFC bought the condominium as an investment because the project is being posponed and the purchase of the condominium which happened to be in Bangsar is a good move as NFC can regain profit from it .It is bought through private company account and not from government grant.Hope mi1 will write with full of facts rather than giving false accusations
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