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Tuesday, 20 December 2011

NFC





Malaysia

PKR: NFC spent RM10m for Singapore condo

December 20, 2011
PETALING JAYA, Dec 20 — PKR revealed yet another startling expose today in the ongoing National Feedlot Centre (NFC) controversy, alleging that some RM10 million was siphoned to purchase another luxury condominium — this time in Singapore — for minister Datuk Seri Shahrizat Abd Jalil’s family.
PKR secretary-general Saifuddin Nasution said the 2,282-square feet condominium, one of the largest available at the posh Orchard Scotts Residences on Anthony Road, was purchased for S$4.1 million by the senior minister’s family members on January 27 last year.
A view of the posh Orchard Scotts Residences. — Picture courtesy of www.fareast.com.sg
According to the currency exchange rate at the time of purchase, he said the unit would have cost about RM9.9 million.
“What is even more nauseating is that the unit was registered directly under the names of Shahrizat’s family members, instead of the company... they were jointly registered under (husband) Datuk Seri Dr Mohamad Salleh Ismail and their two children Izran and Izzana,” he told a press conference today.

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