KUALA LUMPUR: National Feedlot Corporation Sdn Bhd (NFCorp) executive chairman, Datuk Seri Dr Mohamad Salleh Ismail told the High Court here today, that he and his company suffered losses due to the failure of the National Feedlot Centre project in Gemas, Negeri Sembilan, not the government.
Mohamad Salleh, 74, said this was because the monies from NFCorp were seized and the government suspended the project.
"I suffered losses, not you (the government). You froze and seized the monies and suspended the project. You did not build the abattoir.
"I had spent all my time to make the project a success. But after you seized the monies, the project could not proceed anymore," Mohamad Salleh said, adding that because of the losses incurred, he filed a counter claim of RM86 million against the government.
Mohamad Salleh was being cross-examined by senior federal counsel Asliza Ali, representing the government, at the hearing of the government's suit against NFCorp to recover RM253.6 million in loan repayment and interest from the company over the National Feedlot Centre project in Gemas.
Asliza: I put it to you that your contention on the losses of NFCorp is an allegation and not proven and supported by the documents represented in court?
Mohamad Salleh: It's not correct. We have all the evidence.
Mohamad Salleh, who is the husband of former Women, Family and Community Development Minister Tan Sri Shahrizat Abdul Jalil, denied that the company did not achieve the production target of 6,000 cattle slaughtered in 2010, according to the Auditor-General's report.
"The company managed to bring in more than 8,000 cattle from Darwin, Australia. However, the company did not meet the target of the cattle production since we did not have enough abattoirs to slaughter the cattle," he said.
Mohamad Salleh, who is the second defendant, said that out of the number (8,000), a total of 5,743 cattle were slaughtered from 2008 until the end of 2010 at the mini abattoir built by the company as the government did not provide such a facility.
"Based on the production target, we needed to slaughter 700 cattle per day, but the mini abattoir we built could only reach the rate of 30 cattle per day.
"No matter how many cattle we brought in, we still could not not meet the target due to the lack of abattoirs," he added.
In its suit, the government named the NFCorp as the first defendant, while Mohamad Salleh and their three children, Wan Shahinur Izran, Wan Shahinur Izmir and Wan Izzana Fatimah Zabedah, as the second to fifth defendants, respectively.
The government claimed that it had signed a loan agreement on a total of RM250 million with NFCorp on Dec 6, 2007, to finance the costs of establishing and operating the National Feedlot Centre in Gemas as part of its policy to develop and increase beef production.
The loan was disbursed in three tranches and Mohamad Salleh's family was claimed to have made 10 withdrawals amounting to RM18.51 million from Jan 24, 2008, to Jan 3, 2011.
The hearing before judge Anand Ponnudurai continues tomorrow.
-- BERNAMA
Bernama
Wed Nov 09 2022

NFCorp executive chairman Datuk Seri Dr Mohamad Salleh Ismail told the High Court today that he and his company suffered losses due to the failure of the National Feedlot Centre project in Gemas, Negeri Sembilan, not the government. - BERNAMA/Filepic

Russia lays out demands for talks with US on Ukraine, sources say
Russia has presented the U.S. with a list of demands for a deal to end its war against Ukraine and reset relations with the US, sources say

Astro launches Max on the Ultra and Ulti Box, bringing more premium entertainment options to Malaysian homes
Astro, Malaysias leading content and entertainment provider, today announced that Max, the premier streaming service from Warner Bros.

Duterte takes responsibility for Philippines drug war, anticipates long ICC battle
Former Philippine President Rodrigo Duterte said he takes full responsibility for his administration's "war on drugs"

Canada announces plan to ease Syria sanctions
The Canadian government on Wednesday announced plans to ease sanctions on Syria during what it called a period of transition.

Zii Jia pulls out of Swiss Open due to injury
Malaysia's men's singles shuttler Lee Zii Jia has withdrawn from next week's Swiss Open due to a recurring right ankle injury.

MCMC probes man for uploading fake content on social media
A 47-year-old Malaysian man is being investigated for allegedly uploading fake content that touches on the 3R (religion, race and royalty) on social media.

KPDN calls on public to help report bottled cooking oil shortage
The Ministry of Domestic Trade and Cost of Living (KPDN) has urged the public to be the eyes and ears of the ministry and report shortages of bottled cooking oil in their areas.

ICJ to hold public hearings on Israel's obligations in occupied Palestinian territory
The International Court of Justice will hold hearings next month on Israel's obligations towards Palestinians, Anadolu Ajansi (AA) reported.

Anwar: Sapura Energy's rescue plan excludes former shareholders
Prime Minister Datuk Seri Anwar Ibrahim said Sapura Energy Bhd's (SEB) former major shareholders are no longer involved in the company's management as part of its restructuring efforts.

Intel names Lip-Bu Tan as new CEO
Intel Corporation (INTC.O) has appointed semiconductor Malaysian-born industry veteran and former board member Lip-Bu Tan as its new CEO.

Ismail Sabri at MACC HQ to give statement
Former Prime Minister Datuk Seri Ismail Sabri Yaakob was at the Malaysian Anti-Corruption Commission (MACC) headquarters here today to give his statement

Duterte could face up to 30 years or life imprisonment if convicted by ICC - Malacanang
Former Philippines President Rodrigo Duterte could face up to 30 years or life imprisonment if convicted of crimes against humanity by the International Criminal Court (ICC)

Clarification on the investment in Sapura Energy by MDH
Permodalan Nasional Berhad (PNB) as the existing significant shareholder of SEB.

Floods recede in Beaufort, but residents remain wary of downstream water flow
While floods in Beaufort are receding, residents remain on alert for downstream water flow that could bring floodwaters from inland areas.

Govt to ensure establishment of SEGiM aligns with introduction of Gig Workers Bill
The government intends to ensure that the establishment of the Malaysian Gig Economy Commission (SEGiM) is in line with the introduction of the Gig Workers Bill.

UK steel industry warns of damage as Trump tariffs come into force
US President Donald Trump's tariffs on UK steel "couldn't come at a worse time," the industry has warned as the levy on US imports is introduced, reported PA Media/dpa news.

Penang allocates RM49.45 million for Phase 1 of i-Sejahtera Programme
The Penang government has allocated RM49.45 million for 274,151 recipients under Phase 1 of the i-Sejahtera Programme this year.

PM Anwar calls on all parties to be agents of unity, help unite people of different races
Prime Minister Datuk Seri Anwar Ibrahim has called on all Malaysians to join hands to become agents of unity and assist the MADANI Government in its efforts to unite all Malaysians

Women representation in senior management fall to 36.2 pct in 2025
The Grant Thornton Women in Business Report reveals a concerning decline in the representation of women in senior management positions in Malaysia.

Singapore Airlines prohibits usage, charging of power banks from April 1
Singapore Airlines (SIA) passengers will not be allowed to use power banks or charge them throughout their flight effective April 1.