The RM250 million NFC Cows For Condos scandal reached a new sensational level with Minister in Prime Minister’s Department and de facto Law Minister Datuk Seri Nazri Aziz said that the National Feedlot Corporation (NFCorp) has breached its loan conditions with the Federal Government. Nazri was reported to have said: “In a way, there has been a constructive breach of trust. The money, which was meant for the cattle industry, was used for something else. The money was specifically given out based on a project given to NFCorp, that it could raise cattle and sell (it) at a cheaper price.”
In other words, we have a damning indictment by the Law Minister himself that the RM 250 million loan used to pay for Shahrizat and her family’s personal expenses, purchase of two luxury condominium units in Bangsar, Kuala Lumpur is a criminal breach of trust. Malaysians want to know why has neither the Malaysian Anti-Corruption Commission (MACC) nor the police taken any action on those responsible in the RM250million NFC fiasco?
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