Wed, 10 Jun 2026
Headlines:
Declare family income, Shahrizat urged
Published on: Thursday, February 09, 2012
Published on: Thu, Feb 09, 2012
Text Size:
Text:
PETALING JAYA: Declare your family's combined household income to clear the air over the National Feedlot Corporation (NFCorp) scandal, the opposition Wednesday urged Women, Family and Community Development Minister Datuk Seri Shahrizat Abdul Jalil.PKR strategies director Rafizi Ramli said based on a recent tip-off by a source, two condominiums worth RM34.5 million in Marina Bay Suites, Singapore, were purchased in May 2010 by Shahrizat's husband, Datuk Seri Salleh Ismail and their son, Wan Shahinur Izran.

"The biggest question is how they (Shahrizat's family) can afford to finance the loans? Based on current lending rates and a 25-year loan repayment period, the monthly installment for the units in Marina Bay Suites is RM173,000. This is not including the other condominiums," said Rafizi at a press conference here.

Advertisement
This latest expose by PKR is hot on the heels of previous allegations that Salleh, who heads NFCorp, had abused the RM250 million soft loan from the government for personal purchases, including two condominiums in an upscale area in KL and another in Orchard Scotts, Singapore.

He claimed that there may be a risk of the funds being misused, as it is "impossible" that Salleh and Shahinur are able to finance such large loans.

SPONSORED CONTENT
Cosmobeauté Malaysia and beautyexpo will expand into East Malaysia with the launch of the Cosmobeauté Malaysia Borneo Festival 2026 at the Sabah International Convention Centre (SICC) from May 25 to 26.
"Dare she (Shahrizat) come forth and declare their household income publicly to justify that they can afford such loans? If you can prove your combined household income is half a million, then fine.

She must prove to the public that she has that much income," he added.

Advertisement
Shahrizat had been in the centre of controversy since allegations of misappropriation of funds in NFCorp surfaced.

The company manages the National Feedlot Centre (NFC) meat-valley project in Gemas, Negri Sembilan, aimed at increasing the production of meat and reducing dependency on import for such products.

Advertisement
The Auditor-General's Report 2010 said there were weaknesses in the implementation of the project, and that it had failed to meet its targets.

Rafizi also claimed that in order to secure such large loans for the units in Marina Bay Suites, the RM250 million may have been used as 'leverage'.

"They (Shahrizat's family) control a fund of RM250million, so by putting a large fixed deposit in a bank, its like a collateral.

As of 2009, NFCorp had RM180 million in fixed deposit in the bank," he claimed, adding that this matter must be investigated thoroughly by the police.

As such, he reiterated his call for a Royal Commission of Inquiry to be set up to probe the scandal, and urged Shahrizat and her family prove to the people that the RM250 million had not been misused for their own personal enrichment.

Advertisement
Share this story
Advertisement
Advertisement
Follow Us  
           
Daily Express News  
© Copyright 2026 Sabah Publishing House Sdn. Bhd. (Co. No. 35782-P)
close
Try 1 month for RM 18.00
Already a subscriber? Login here
Try 1 month for RM 18.00
open
Try 1 month for RM 18.00
Already a subscriber? Login here