PKR wants NFC probed for money laundering

11 Sep 2012 | 1,112 views

Petaling Jaya, Sept 11, 2012: Opposition party PKR wants the controversial National Feedlot Corporation (NFC), which is owned and operated by the family of former minister Shahrizat Abdul Jalil, to be investigated for money laundering.
NFC, said strategy director Rafizi Ramli, was involved in illegal transactions using sister companies to pay for cattle purchases and that this involved violation of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

Note: Malaysiakini has contacted NFC's representative for comments and is waiting for a response.

Sept 13, 2012
: Latest response from NFC on the above issue: