Tag Archives: Cattle project

Shahrizat’s family controls cattle project

According to a report in Malaysian Insider yesterday, Nor Omar has confirmed that the company National Feedlot Corporation Sdn Bhd (NFC) is controlled by Shahrizat’s three children. Izran Salleh, 27 is the CEO while Izmir, 31 and Izzana 25 are executive directors. The parent company of NFC is Agroscience Industries Sdn Bhd a company owned by Shahrizat’s husband, Datuk Dr Mohamad Salleh Ismail.

To the disbelief of many, Nor Omar who is the Minister of Agriculture and Agro-based Industry told reporters that “There is no conflict of interest. It is just a coincidence.” He said six companies had submitted proposals but did not elaborate on how the company linked to Shahrizat’s family was selected to undertake the project.

Nor Omar also did not explained why it is necessary to provide such a huge loan of RM250 million to this private company at an attractive interest rate of 2% for 17 years. The Ministry of Agriculture and Agro-based Industry has already allocated RM74 million for development of the project.