KUALA LUMPUR, March 2 — Investigation papers on the National Feedlot Corporation (NFCorp) have been sent back to the police, Deputy Inspector-General of Police Datuk Seri Khalid Abu Bakar said today.
He was quoted by The Star Online as saying that the Attorney-General wanted more investigations to be conducted on the case but did not specify why the papers were sent back to the police.
NFCorp, which operates the national cattle-farming project, is chaired by Datuk Seri Mohamad Salleh Ismail, the husband of federal minister Datuk Seri Shahrizat Abdul Jalil. Their three children also hold executive posts in the company.
The company has denied any criminal breach of trust in its loan agreement with the government and has accused the police of “unfairly” pre-empting the charge.
The NFC hit the headlines after it made it into the Auditor-General’s Report last year, and has continued to hog the limelight after it was linked to Shahrizat and her family. NFCorp has been accused repeatedly by PKR of siphoning off funds meant for the cattle-farming project and channelling them towards unrelated expenses like the purchase of several luxury condominium units in Bangsar and Singapore and land in Putrajaya as well as to fund personal umrah trips.
The company has also been accused of using part of the RM250 million government soft loan for companies owned by Shahrizat’s family members that are unrelated to the cattle-farming scheme.
Salleh told The Malaysian Insider this week the company intends to sell its beef products abroad as the local market was too small to support its intended output.
He explained that NFCorp was now building up the market in Singapore and will do the same in Indonesia as the National Feedlot Centre (NFC) was on target to produce 78,000 tonnes of beef by 2015.
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