NFCorp: Why opt for legal action, Attorney General?

NFCorp: Why opt for legal action, Attorney General?

PUCHONG: National Feedlot Corporation (NFCorp) executive chairman Datuk Sri Dr Mohamad Salleh Ismail questioned the rationale in the legal action taken by Attorney General Chambers against him and his family members

“I was wondering why the Attorney General acted against me and my family even though the government have been informed about the full loan repayment over seven months ago in November 2018,” said Salleh.

He said this in response to a report from The Edge that on the filing of demand statement by the Attorney General Tommy Thomas over NFC’s outstanding loan amounting to RM250 million.

Salleh reminded that the Agriculture and Agro Industries Ministry have welcomed their efforts in footing the loan based on discussions conducted by the new investor but that was not the case with the Finance Ministry (MOF).

The new investor wrote a letter regarding their full loan repayment to Finance Minister Lim Guan Eng on May 17 but they have not received any response,” he said.

Salleh added that he would extend his full cooperation according to the law as he too would like to see the outstanding loan settled via full redemption within three months after the government gives its green light.

“I am confident that this issue will be well resolved under the leadership of Prime Minister Tun Dr Mahathir Mohamad so that NFCorp can pay its outstanding loan to the government and fulfill the aspiration and meet the project potentials,” he also said.

Salleh’s concerns on the demand statement led to Amanah’s Khairuddin Abu Hassan telling MOF to refrain from practicing politics of vengeance.

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Datuk Sri Dr Mohamad Salleh IsmailNFCorp