Article Related To National Feedlot Corporation

The Malaysian government and the National Feedlot Corporation (NFC) are still in talks to settle a lawsuit demanding that the company repay the loan and interest amounting to RM253.6 million.

The High Court today set May 17 to resume trial of a suit by the Malaysian government to recover RM253.6 million in loan payments and interests from National Feedlot Corporation (NFC).

National Feedlot Corporation (NFC) will be calling four witnesses in the Malaysian government's suit to recover RM253.6 million in loan payments and interests in connection with the NFC in Gemas.

The court ordered NFCorp and Mohamad Salleh to pay RM50,000 in costs.

NFCorp and Mohamad Salleh obtained leave to proceed with their appeal to the Federal Court on March 8, 2018 with two legal questions for the court's determination.

NFCorp executive chairman Datuk Seri Dr Mohamad Salleh Ismail has obtained leave to appeal in his defamation suit against Rafizi Ramli.

The lawsuit was brought by NFCorp and its executive chairman Datuk Seri Dr Mohamad Salleh Ismail against Mohd Rafizi and Malaysiakini over the purchase of a property in KL Eco City, Bangsar.

Businessman Shamsubahrin Ismail today won his appeal in the High Court against conviction and sentencing over cheating and money laundering related to National Feedlot Corporation Sdn Bhd.

Of the amount, RM150,000 will go to Datuk Seri Mohamad Salleh Ismail and RM50,000 to the National Feedlot Corporation Sdn Bhd.

The High Court was told that bank officials had not provided any bank account information of NFC's Datuk Seri Dr Mohamad Salleh Ismail to PKR vice-president, Rafizi Ramli.

Datuk Seri Dr Mohamad Salleh Ismail says the withdrawal had complied with the Notice of Loan Withdrawal and NFCorp had produced all necessary documents to the Finance Ministry.

The suit is in connection with the purchase of KL Eco City properties.

The hearing of NFC Sdn Bhd executive chairman Datuk Seri Dr Mohamad Salleh Ismail's appeal to set aside two criminal breach of trust charges involving RM49.7mil.is fixed for July 24.

NFCorp former executive chairman Datuk Seri Dr Mohamad Salleh Ismail failed to strike out his two CBT charges amounting RM49.7 million today.

Datuk Seri Dr Mohamad Salleh Ismail told the High Court here today that his reputation and that of his entire family were completely destroyed by Nurul Izzah Anwar and Parti Keadilan Rakyat (PKR).

Datuk Seri Anwar Ibrahim says Malaysia's stance remains the same as that of other Islamic countries.

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