"Issues on the controversial NFC, run by Shahrizat's husband Datuk Ser Dr
Mohamed Salleh Ismail and their children Wan Shaninur Izran and Wan
Izzana Fatimah Zabedah, cropped up following the Auditor-General's
Report 2010 in October, which stated that the NFC had failed to fulfill
the target of its formation, while the Opposition claimed there were
misappropriation in the management of its funds.
The company has been accused of abusing a RM250 million government loan for the cattle project for various unrelated expenses, including the purchase three luxury condominiums (two in Bangsar and one in Singapore), two land lots in Putrajaya, travels, as well as a luxury car ." - Cattle Scandal: MACC Raids NFC Office by Malaysian Digest.Com.
The company has been accused of abusing a RM250 million government loan for the cattle project for various unrelated expenses, including the purchase three luxury condominiums (two in Bangsar and one in Singapore), two land lots in Putrajaya, travels, as well as a luxury car ." - Cattle Scandal: MACC Raids NFC Office by Malaysian Digest.Com.
"Officers from the Malaysian Anti-Corruption Commission (MACC) raided the office of the National Feedlot Corporation (NFC) at Jalan Solaris, Mont Kiara, here, on Friday.
The six enforcement officers are from Putrajaya MACC.
The officers were seen leaving the office two hours later at about 5pm with documents and a computer.
Issues
on the controversial NFC cropped up following the Auditor-General's
Report 2010 in October, which stated that the NFC had failed to fulfil
the target of its formation, while the Opposition claimed there were
misappropriation in the management of its funds.
The NFC's executive chairman is Datuk Seri Dr Mohamad Salleh Ismail, whose wife is Women, Family and Community Development Minister Seri Shahrizat Abdul Jalil
The MACC is investigating whether Shahrizat had played any part in the award of the RM250mil loan to the NFC." - MACC conducts raid on NFC's office, The Star.
###
It's just bad timing.
I seriously don't think that this issue of misappropriation of fund is exclusive to Shahrizat and family. I think it has been happening since Adams and UMNO members have been squandering money from the Rakyat who they claim Diutamakan for many donkey years. Shahrizat (and Khir Toyo) was unfortunately made the black sheep for the upcoming elections.
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| My money is your money |
Ta daaa...the cat's outta the bag (in case you don't know it already, duh!).
What would you expect from the powers that be when even the clerk will ask for "duit kopi" should we want to get the time of day from the officer he/she answers to? Then the under table money continues up the ladder to the executive, senior executive, junior management, senior management and even the private secretary before finally arriving to the door of the Minister. By the time you arrive to destination, you've blown your budget up to 250k minimum...certainly you cannot expect less from our masters, right?
Quote of the Day:
"Money and Corruption are ruining the land. Crooked politicians betray the working man; pocketing the profits and treating us like sheep, and we're tired of hearing promises that we know they'll never keep". - Ray Davies


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