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Rafizi: The NFC Feedlot scandal

part 1

part 2

part 3

Politics aside, can the National Feedlot Corporation (NFC) turn things around to make it work? Probably not, said PKR chief of strategy Rafizi Ramli. Interviewed by Malaysiakini, Rafizi, who is a chartered accountant said that the bare economics of the project suggest that the project was "doomed from the very beginning". Already facing a lawsuit by cabinet minister Shahrizat Jalil, whose family owns NFC, Rafizi even went as far as suggesting that the family knew that it was never going to succeed, but used it for "seed money" for other businesses. "I get the feeling that the National Feedlot Centre operation in just a disguise. The rest is about the more glamourous part of the business; property investments, upmarket food and beverage business.

With the stream of exposes by PKR on the National Feedlot Corporation (NFC) not seeming to ebb, many are wondering about the party's source or sources of information. NFC owners blame two disgruntled former employees, and have lassoed Perkasa president Ibrahim Ali's help in telling all and sundry that it is these "non-Malay" ex-employees who are out to do them in. Other NGOs met by Malaysiakini at a recent dialogue between NGOs and NFC chief executive officer Wan Shahinur Izmir Salleh, believe it's a "beef cartel" which is out to 'sabotage' a genuine Malay business.


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