Special audit on NFC flagged public officials’ negligence
The Edge covers numerous governance issues highlighted in PwC report on NFC Feedlot Corporation
Issue
- National Feedlot Centre (NFC)
- National Feedlot Centre (NFC) issue revolves around a direct-negotiated award and loan of RM250 million to husband and family of Malaysian politician Shahrizat Abdul Jalil, and allegations of misuse of those funds for high end properties and unrelated companies owned by the family
Directly implicated parties
Indirectly implicated parties
Implicated parties through circumstantance
- Muhyiddin Yassin
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Muhyiddin bin Haji Muhammad Yassin (Mahiaddin Md Yasin) is a Malaysian politician and a former prime minister of Malaysia.
- Najib Razak
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Mohd Najib bin Abd Razak is a Malaysian politician who served as the 6th Prime Minister of Malaysia from 2009 to 2018
- Minister of Finance
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Cabinet Minister
Disclosing Parties
Source
Link
Khairie Hisyam Aliman, The Edge Malaysia, (18 Jul, 2018). Special audit on NFC flagged public officials’ negligence. Retrieved 28 May, 2020, from
File(s)
Notes
Muhyiddin Yassin was Minister of Agriculture when the agreement was signed.
Najib Razak was Minister of Finance when the agreement was signed officially (March 5, 2010) and numerous discrepancies on loan involved MoF as per PwC cited in this report.