Continuing on their trail of exposes, PKR
today revealed that National Feedlot Corporation (NFC) directors had
used the government soft loan as leverage to purchase eight commercial
properties in Bangsar.Citing bank documents, partly provided to the press, PKR director of strategy Rafizi Ramli said that executive chairperson Mohamad Salleh Ismail had used his control over the NFC funds to obtain loans to purchase eight KL Eco City shoplot units with a collateral value RM9.69 million.
Rafizi said the purchases using loans jointly undertaken by Mohamad Salleh and individuals who are yet to be identified.
"Collateral values are lower than market value, which is RM1,000 to RM1,100 per square feet. Based on this we estimate the market value of the properties to be up to RM12 million," he said.
According to the bank documents, Mohamad Salleh’s personal account
with the bank contains only RM421 but he was given a joint loan of
RM4,391,241 for a property purchase and had acted as a guarantor for a
loan worth RM663,743.
NFC’s account with the bank contains RM71.4 million, while two other companies also owned by the NFC directors - National Meat and Livestock Corporation and Agroscience Industries Sdn Bhd - have RM1.87 million and RM927 respectively in accounts held at the same bank.
Would loan default affect public funds?
“We believe the remainder of the loans(for the property purchases) were obtained by the children,” he said of the purchases made in March 2011. Mohamad Salleh, who is cabinet minister Shahrizat Abdul Jalil’s husband, runs NFC with their three children Wan Shahinur Izmir, Wan Shahinur Izran and Wan Izzana Fatimah Zabedah.
While PKR had produced the transaction history of the accounts and the collateral descriptions, it could not produce the sales and purchase agreements which link the property purchases to the directors’ accounts. However, they said their informers confirm that the purchases, worth RM1.1 million to RM1.56 million each, were made by the family.
Rafizi added that records which he has sighted show that the repayment record for the loans has been “very poor”, with up to three months’ default in December 2011.
“We urge the family to guarantee that their problems meeting the loan repayments, which involve personal purchases, does not have any recourse to the public funds which they are also responsible for,” he said.
He added that the bank records also raise questions about the government directive to freeze all accounts as “there was transactions from March 2011 to February 2012".
Conflict of interest
The purchase, said Lembah Pantai MP Nurul Izzah Anwar, also raises questions over Shahrizat’s involvement in the development of KL Eco City, and her family’s purchase. The project, which was initially announced in 2000, was delayed for about 10 years due to resistance from urban settlers who reside on the land.
The tract of land, on which KL Eco City is currently being developed, was initially to be developed by Pelita Dunia, a joint venture entity between SP Setia and Yayasan Gerakbakti Kebangsaan’s subsidary YGP Holdings.
YGP Holdings’ directors include Umno’s Kota Belud MP Abdul Rahman Dahlan, Umno Youth chief Khairy Jamaluddin and Umno Youth assistant secretary Megat Firdouz Megat Junid.
SP Setia had issued Yayasan Gerakbakti Kebangsaan RM75 million worth of shares in its company in return for the 40 percent stake in KL Eco City owned by YGP Holdings.
“Is Shahrizat ready to explain her role in influencing the decision to move the residents of Kampung Abdullah Hukum for this project? As the Lembah Pantai MP at the time, she would also know the proposed developments in the area. Did it have anything to do with her family’s interest in purchasing KL Eco City units?” she asked.
Separately, PKR Wanita chief Zuraida Kamaruddin said that she and Rafizi will submit their affidavit-in-reply on the lawsuit filed by Shahrizat against them on Friday.
“We have discussed our defence strategy if Shahrizat decides to proceed with the suit. Among others, Rafizi and I plan to call all national leaders who are involved in the decision on NFC or have made comments on NFC, as witnesses,” she said. -malaysiakini
NFC’s account with the bank contains RM71.4 million, while two other companies also owned by the NFC directors - National Meat and Livestock Corporation and Agroscience Industries Sdn Bhd - have RM1.87 million and RM927 respectively in accounts held at the same bank.
Would loan default affect public funds?
“We believe the remainder of the loans(for the property purchases) were obtained by the children,” he said of the purchases made in March 2011. Mohamad Salleh, who is cabinet minister Shahrizat Abdul Jalil’s husband, runs NFC with their three children Wan Shahinur Izmir, Wan Shahinur Izran and Wan Izzana Fatimah Zabedah.
While PKR had produced the transaction history of the accounts and the collateral descriptions, it could not produce the sales and purchase agreements which link the property purchases to the directors’ accounts. However, they said their informers confirm that the purchases, worth RM1.1 million to RM1.56 million each, were made by the family.
Rafizi added that records which he has sighted show that the repayment record for the loans has been “very poor”, with up to three months’ default in December 2011.
“We urge the family to guarantee that their problems meeting the loan repayments, which involve personal purchases, does not have any recourse to the public funds which they are also responsible for,” he said.
He added that the bank records also raise questions about the government directive to freeze all accounts as “there was transactions from March 2011 to February 2012".
Conflict of interest
The purchase, said Lembah Pantai MP Nurul Izzah Anwar, also raises questions over Shahrizat’s involvement in the development of KL Eco City, and her family’s purchase. The project, which was initially announced in 2000, was delayed for about 10 years due to resistance from urban settlers who reside on the land.
The tract of land, on which KL Eco City is currently being developed, was initially to be developed by Pelita Dunia, a joint venture entity between SP Setia and Yayasan Gerakbakti Kebangsaan’s subsidary YGP Holdings.
YGP Holdings’ directors include Umno’s Kota Belud MP Abdul Rahman Dahlan, Umno Youth chief Khairy Jamaluddin and Umno Youth assistant secretary Megat Firdouz Megat Junid.
SP Setia had issued Yayasan Gerakbakti Kebangsaan RM75 million worth of shares in its company in return for the 40 percent stake in KL Eco City owned by YGP Holdings.
“Is Shahrizat ready to explain her role in influencing the decision to move the residents of Kampung Abdullah Hukum for this project? As the Lembah Pantai MP at the time, she would also know the proposed developments in the area. Did it have anything to do with her family’s interest in purchasing KL Eco City units?” she asked.
Separately, PKR Wanita chief Zuraida Kamaruddin said that she and Rafizi will submit their affidavit-in-reply on the lawsuit filed by Shahrizat against them on Friday.
“We have discussed our defence strategy if Shahrizat decides to proceed with the suit. Among others, Rafizi and I plan to call all national leaders who are involved in the decision on NFC or have made comments on NFC, as witnesses,” she said. -malaysiakini
Was Shahrizat involved in KL Eco City project?
Lembah Pantai MP Nurul Izzah Anwar today
questioned her predecessor Shahrizat Jalil’s involvement in the
development of KL Eco City in Bangsar, in view of her family’s purchase
in the development.In a press conference at the PKR headquarters in Tropicana, Petaling Jaya, today, Nurul Izzah said as the Lembah Pantai MP then, Shahrizat would have access to development plans in the area.
“Is Shahrizat ready to explain her role in influencing the decision to move the residents of Kampung Abdullah Hukum for this project?
“Did it have anything to do with her family’s interest in purchasing KL Eco City units?” she asked.
PKR had earlier revealed that Shahrizat’s husband Mohamad Salleh Ismail, who runs the National Feedlot Corporation (NFC) had used the RM250 million government soft loan as leverage for the KL Eco City purchases.
The project, which was initially announced in 2000, was delayed for about 10 years due to resistance from urban settlers who resided on the land.
Link with Umno leaders
The tract of land was initially to be developed by Pelita Dunia, a joint venture entity between SP Setia and Yayasan Gerakbakti Kebangsaan’s subsidary YGP Holdings.
YGP Holdings’ directors include Kota Belud Umno MP Abdul Rahman Dahlan, Umno Youth chief Khairy Jamaluddin and Umno Youth assistant secretary Megat Firdouz Megat Junid.
YGP Holdings is also partly-owned by Defence Minister Ahmad Zahid Hamidi.
YGP Holdings’ directors include Kota Belud Umno MP Abdul Rahman Dahlan, Umno Youth chief Khairy Jamaluddin and Umno Youth assistant secretary Megat Firdouz Megat Junid.
YGP Holdings is also partly-owned by Defence Minister Ahmad Zahid Hamidi.
SP Setia had issued Yayasan Gerakbakti Kebangsaan RM75 million worth of shares in its company in return for the 40 percent stake in KL Eco City owned by YGP Holdings. - malaysiakini
Shahrizat’s influence may have eased purchase of KL Eco City units
PKR today demanded Datuk Seri Shahrizat Abdul Jalil reveal if she had influenced the construction of the RM6 billion KL Eco City to help her family purchase eight office units in the luxurious integrated urban city development in Bangsar.
PKR vice-president Nurul Izzah Anwar, who last year complained that the development had resulted in the unfair relocation of villagers, told a press conference today that the construction was kicked off in 2007, when Shahrizat was still the MP for Lembah Pantai.
She pointed to PKR strategic director Rafizi Ramli’s exposure today of bank documents allegedly showing that Shahrizat’s family members — husband Datuk Seri Mohamad Salleh and three children — had used NFC’s millions as leverage to obtain loans to purchase the units.
According to Rafizi, the eight units have a current estimated market value of RM12 million.
“Firstly, the act of a husband and children to a senior minister, who
is also an MP for the constituency in question, of purchasing such
properties, raises the question of ‘conflict of interest’ between her
duty as an MP and the personal needs of her family.
“With this latest expose, Shahrizat should explain to the people if she had played any role in influencing the decision to relocate the low-income villagers of Kampung Abdullah Hukum (for the purpose of developing KL Eco City),” Nurul Izzah told a press conference here.-malaysian insider
Pengarah NFC beli 8 lot kedai di Bangsar
PKR hari ini mendedahkan bahawa Pusat Fidlot Kebangsaan (NFC) menggunakan dana awam sebagai jaminan pinjaman peribadi untuk membeli lapan unit hartanah mewah di KL Eco City, Bangsar.
Pengarah Strateginya, Rafizi Ramli menampilkan bukti bercetak carian kredit rasmi beberapa bank-bank yang berurusan dengan Pengerusi Eksekutif NFC, Datuk Mohamad Salleh untuk membuat pembelian tersebut.
Mohamad Salleh didakwa mendepositkan sejumlah besar dana NFC ke bank-bank tertentu sebagai cagaran untuk membuat pembelian tersebut bernilai RM9.69 juta.
Rafizi berkata, harga pasaran semasa unit-unit tersebut boleh mencecah RM12 juta.
"Kaedah menyalahgunakan dana awam untuk mendapatkan pinjaman peribadi seperti ini adalah menyalahi mandat yang diberikan kepada NFC untuk membangunkan projek berkepentingan nasional," kata beliau pada sidang media di Ibu Pejabat PKR, Tropicana, hari ini.
Apa yang lebih membimbangkan kata beliau, apabila melihat rekod pembayaran pinjaman yang buruk, termasuklah tidak membayar bayaran pinjaman dalam bulan Julai dan Ogos 2011 dan berulang pada bulan Disember tahun yang sama.
Beliau berkata, pihak pengurusan NFC perlu memberi jaminan bahawa sebarang masalah pembayaran membabitkan pinjaman peribadi mereka tidak akan memberi apa-apa kesan kepda dana awam yang disimpan di bank yang sama.
"Ini kerana simpanan tetap NFC sebanyak RM71.4 juta berkait rapat dengan pembelian harta-harta peribadi ini," katanya.
PKR juga tegasnya mendesak Perdana Menteri, Datuk Seri Najib Razak menunaikan janji beliau untuk membekukan semua aset NFC, termasuklah simpanan tetap berjumlah RM71.4 juta.
Pembangunan KL Eco City ketepi nasib rakyat miskin
Sementara itu, Naib Presiden PKR, Nurul Izzah meminta Menteri Pembangunan wanita, Keluarga dan Masyarakat, datuk Seri Shahrizat Abd jalil membuat penjelasan mengenai pemindahan penduduk berpendapatan rendah di Kampung Abdullah Hukum akibat projek di KL Eco City.
"Dalam pendedahan terkini, Shahrizat wajar menerangkan kepda rakyat sama ada beliau memainkan apa-apa peranan yang mempengaruhi keputusan sehingga menyebabkan pemindahan penduduk berpendapatan rendah di Kampung Abdullah Hukum.
Katanya, jika Shahrizat mengambil sikap sambil lewa dalam membela nasib penduduk yang terlibat sejak sebuah syarikat usahasama diwujudkan dalam tahun 2007, ia juga menimbulkan pertanyaan sama ada ada kena mengena dengan kepentingan keluarga beliau yang berhasrat membeli hartanah di KL Eco City.
Beliau turut mengecam ketidakpedulian pimpinan pemuda Umno yang mendapat durian runtuh berjumlah RM75 juta daripada projek KL Eco City terhadap nasib rakyat yang terpaksa dipindahkan di Kampung Abdullah Hukum.
Beliau berkata, kepimpinan pemuda Umno terlibat secara langsung dalam pembangunan KL Eco city dan tindakan pemindahan penduduk melalui syarikat YGP Holdings Sdn Bhd, yang merupakan rakan kongsi awal KL Eco City Sdn Bhd.
Pengarah-pengarah YGP holdings Sdn Bhd termasuklah Ketua Pemuda Umno, Khairy Jamaluddin dan pimpinan Pemuda Umno seperti Datuk Abdul Rahman Dahlan dan Datuk Megat Firdouz Megat Junid.- harakahdaily
Pengarah NFC NFC beli lot kedai di Bangsar
PKR hari ini mendakwa bahawa pengarah National Feedlot Corporation telah menggunakan pinjaman mudah oleh kerajaan sebagai cagaran untuk membeli lapan hartanah komersial di Bangsar, Kuala Lumpur.
Pengarah strateginya, Rafizi Ramli mendakwa pengerusi eksekutif NFC, Datuk Mohamad Salleh Ismail telah menggunakan kawalan ke atas dana berkenaan untuk mendapatkan pinjaman bagi membeli lapan lot kedai berkenaan.
Rafizi yang memetik dokumen bank, sebahagiannya diedarkan kepada wartawan, mendakwa unit kedai KL Eco City itu dibeli dengan nilai cagaran RM9.69 juta.
Rafizi mendakwa pembelian tersebut dibuat dengan menggunakan pinjaman oleh Mohamad Salleh dan juga oleh individu yang setakat ini masih belum dapat dikenalpasti.
Bercakap dalam sidang media di ibu pejabat PKR hari ini, Rafizi berkata menganggarkan bahawa nilai pasaran hartanah berkenaan boleh mencecah RM12 juta.-malaysiakini
NFCorp’s RM1.7m Kazakhstan office under probe, say sources
Commercial crimes police are now
investigating the National Feedlot Corporation’s (NFCorp) purchase of a
RM1.7 million apartment in Kazakhstan for use as an office, sources
within the department have said. It is understood that the property,
which is located in the southern city of Almaty, was bought in September
last year, just a few months after the company signed on to help the
Kazakh government breed cattle.
A memorandum of understanding (MoU) was inked in June 2011 between NFCorp and the Jambyl district of Kazakhstan to raise cattle for export to Malaysia and neighbouring countries.The deal was one of five signed between Putrajaya and Astana. Malaysia has also pledged to invest in an Islamic bank, oil and gas exploration by state oil company Petronas, energy generation as well as the construction of a hotel.
A high-ranking source in the commercial crimes department told The Malaysian Insider police were attempting to obtain more details about the apartment, which was registered to NFCorp.
“We are still trying to get the information from abroad,” he said, on condition of anonymity.
He added that the apartment appeared to be the company’s only acquisition in the oil-rich Central Asian republic, which the Najib administration has sought closer ties with. NFCorp hit the national headlines after it made it into the Auditor-General’s Report last year for missing production targets.
The publicly-funded company is run by Datuk Seri Mohamad Salleh Ismail, the husband of federal minister Datuk Seri Shahrizat Jalil, and their three children.
NFCorp has been repeatedly accused by the opposition of using its RM250 million soft loan from government for purposes unrelated to cattle farming. These include the purchase of multi-million ringgit luxury condominium units in Bangsar and Singapore as well as land in Putrajaya.
Questions have also been raised about NFCorp’s Singaporean operations — which allegedly include a supermarket — that Salleh has said are necessary as the local market cannot support the company’s beef production.
PKR and DAP, however, have said that the company’s overseas venture makes no sense in light of its federal mandate to fulfil up to 40 per cent of Malaysia’s demand for beef by 2015.
Police recommended last month that the Attorney-General (A-G) charge NFCorp’s directors for criminal breach of trust, but the A-G has asked the police to conduct further investigations. - the malaysian insider
Bahagian Jenayah Komersial PDRM dikatakan sedang menyiasat pembelian sebuah pangsapuri di Kazakhstan oleh National Feedlot Corporation’s (NFCorp) yang bernilai RM1.7 juta.
Adalah difahamkan bahawa hartanah, yang terletak di bandar selatan Almaty, telah dibeli pada September tahun lepas, hanya beberapa bulan selepas syarikat itu menandatangani perjanjian untuk membantu ternakan lembu baka kerajaan Kazakh.
Satu memorandum persefahaman (MoU) telah dimeterai pada bulan Jun 2011 antara NFCorp dan daerah Jambyl di Kazakhstan untuk meningkatkan pemeliharaan lembu bagi tujuan eksport ke Malaysia dan negara-negara jiran.
cheers.
A memorandum of understanding (MoU) was inked in June 2011 between NFCorp and the Jambyl district of Kazakhstan to raise cattle for export to Malaysia and neighbouring countries.The deal was one of five signed between Putrajaya and Astana. Malaysia has also pledged to invest in an Islamic bank, oil and gas exploration by state oil company Petronas, energy generation as well as the construction of a hotel.
A high-ranking source in the commercial crimes department told The Malaysian Insider police were attempting to obtain more details about the apartment, which was registered to NFCorp.
“We are still trying to get the information from abroad,” he said, on condition of anonymity.
He added that the apartment appeared to be the company’s only acquisition in the oil-rich Central Asian republic, which the Najib administration has sought closer ties with. NFCorp hit the national headlines after it made it into the Auditor-General’s Report last year for missing production targets.
The publicly-funded company is run by Datuk Seri Mohamad Salleh Ismail, the husband of federal minister Datuk Seri Shahrizat Jalil, and their three children.
NFCorp has been repeatedly accused by the opposition of using its RM250 million soft loan from government for purposes unrelated to cattle farming. These include the purchase of multi-million ringgit luxury condominium units in Bangsar and Singapore as well as land in Putrajaya.
Questions have also been raised about NFCorp’s Singaporean operations — which allegedly include a supermarket — that Salleh has said are necessary as the local market cannot support the company’s beef production.
PKR and DAP, however, have said that the company’s overseas venture makes no sense in light of its federal mandate to fulfil up to 40 per cent of Malaysia’s demand for beef by 2015.
Police recommended last month that the Attorney-General (A-G) charge NFCorp’s directors for criminal breach of trust, but the A-G has asked the police to conduct further investigations. - the malaysian insider
NFC Beli Kondo Lagi Di Kazakhstan
Bahagian Jenayah Komersial PDRM dikatakan sedang menyiasat pembelian sebuah pangsapuri di Kazakhstan oleh National Feedlot Corporation’s (NFCorp) yang bernilai RM1.7 juta.
Adalah difahamkan bahawa hartanah, yang terletak di bandar selatan Almaty, telah dibeli pada September tahun lepas, hanya beberapa bulan selepas syarikat itu menandatangani perjanjian untuk membantu ternakan lembu baka kerajaan Kazakh.
Satu memorandum persefahaman (MoU) telah dimeterai pada bulan Jun 2011 antara NFCorp dan daerah Jambyl di Kazakhstan untuk meningkatkan pemeliharaan lembu bagi tujuan eksport ke Malaysia dan negara-negara jiran.
cheers.
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