Government sues Shahrizat’s husband, children over RM253m NFC loan
The federal government has filed a lawsuit seeking to reclaim RM253 million loaned to the National Feedlot Corp (NFC) operated by former Wanita Umno chief Tan Sri Shahrizat Abdul Jalil’s family.
(MMO) – According to The Edge, the Attorney General’s Chambers (AGC) filed the lawsuit last week and named the NFC; Shahriazat’s husband, Datuk Mohamad Salleh Ismail; their three children; and six of the family’s firms as respondents.
The couple’s children names in the suit are Wan Shahinur Izran Mohamad Salleh, Wan Shahinur Izmir Mohamad Salleh and Wan Izzana Fatimah Zabedah Mohamad Salleh.
The family’s companies also named in the suit are National Meat & Livestock Corp Sdn Bhd, Real Food Co Sdn Bhd, Meatworks Corp Sdn Bhd, Agroscience Industries Sdn Bhd, Asian Bioscience Corp Sdn Bhd and Techknowlogy Imageware (M) Sdn Bhd.
The RM253 million sum claimed represents a RM225 million portion of the RM250 million loan to the firm that had been tasked with developing the local cattle industry, with the application of 2 per cent annual interest and additional interest as a result of default.
The suit is also seeking a court declaration to make the family personally liable for the repayments as well as RM118 million allegedly misappropriated, along with any undeclared profit and income that may have arisen as a result of their use.
