Shahrizat must go now

The demands for Minister of Women and Family Development Dato Seri Sharizat Abdul Jalil to leave her Cabinet post in growing by the day, as PKR leaders heighten attacks on her family’s National Feedlot Corporation.

More and more allegations have been thrown at her family’s company which was awarded the job to develop the livestock program during PM ‘Flip-Flop’ Tun Abdullah Ahmad Badawi’s tenure. It has compounded into a very negative perception on the project, where in peoples’ minds has been seen as ‘abusive and corrupt laden’.

PKR: Shahrizat family used NFC funds as carrot for condo loans

PETALING JAYA, Feb 8 — PKR claimed today that Datuk Seri Mohamed Salleh Ismail and his son Wan Shahinur Izran Salleh dangled RM250 million in federal funds to obtain bank loans to buy two condominiums in Marina Bay Suites, Singapore costing over RM17 million each.

The party distributed documents from the Singapore Land Authority showing that National Feedlot Corporation (NFCorp) chairman Salleh and executive director Izran purchased the units using loans from Maybank and United Overseas Bank respectively.

“We believe the loans were approved because they control funds of RM250 million, which is lucrative for any bank. Any bank would want RM250 million.

“They put [the RM250 million] in banks to leverage financing for personal purchases. This is a purchase that must be investigated by police,” PKR strategic director Rafizi Ramli said.

He also reminded reporters of an earlier disclosure that NFCorp, the company owned by minister Datuk Seri Shahrizat Jalil’s family, had a RM180 million fixed deposit with Maybank in 2009.

“The bigger question is, how does the family pay back the monthly repayments? Assuming a 25 year-loan… they must pay RM173,000 each month for these two condos.

“And this is not including [other condominium units] One Menerung and Orchard’s Court,” he added, referring to his previous claims of condo buys by the Wanita Umno chief’s family.

Women, Family and Community Development Minister Shahrizat has been repeatedly linked to NFCorp as the project was awarded by the Cabinet to her family.

The RM250 million publicly-funded cattle-raising scheme was first coined a “mess” in an article in English daily The Star after it made it into the pages of the Attorney-General’s 2010 Report for failing to meet production targets.

The term was later repeated by other media organisations to describe NFCorp after PKR launched a series of exposés to show that the project’s funds had been allegedly abused.

The company’s assets were frozen after investigations were launched by the police and the national anti-graft body following the revelations.

Shahrizat returned to ministerial duties this week after taking three weeks’ leave to allow the authorities to complete their probe.

Today, Rafizi said the two condominiums units — one worth RM17.2 million and the other, RM17.4 million — were in the “same building as Brawn Steakhouse, a high-end restaurant owned by Shahrizat’s family.”

“You talk to people there and they say ‘ya, ya, my boss has two units upstairs,” he said.

Rafizi admitted, however, that PKR lacked documented proof to show NFCorp had fixed deposit accounts with UOB.

But he said that given the account in Maybank, “my suspicion is that money is channelled through layers of companies owned by Shahrizat’s family in Singapore”. He then called on the family to prove “the loans have nothing to do with public funds.”

“I dare Shahrizat to come forward and detail the income of the family by which they collect such assets. Your combined household income must be RM500,000 a month to service the debts of all the condos,” he said.

***********

The longer the issue of her resignation drags further, more allegations would be thrown into an already indefensible pit for the party, government and Prime Minister Dato’ Seri Mohd. Najib Tun Razak’s administration.

Sharizat should do the right thing and spare the party and government from attacks against her, who is a Cabinet Minister when the project which was proposed by a company which was owned and managed by her husband Dato’ Seri DrMohd. Salleh Ismail and her children.

Published in: on February 8, 2012 at 13:00  Comments (13)  

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13 CommentsLeave a comment

  1. Being legally right is not necessarily the same as being proper. In politic public perception is paramount.
    The best thing that Kak Ijat can do now is to resign with her dignity intact and put her all into making the NF project a roaring success for the nation.That would be beautiful and the whole country will be indebted to her. Dont worry about UMNO – leaders come and go.

    • If she resigns, how to pay the bank loans?

      • Even if she doesn’t, can they pay the loans? Is the progress of the cattle project realistic and satisfactory?

        Don’t just freeze the company’s assets, also the family’s assets and trace those in the name of proxies. Whatever that can legally be done.

        Those that are said to be deposited in banks are surely recoverable, the loans for real estate purchases can be paid by selling off such properties.

  2. Biggie, what’s the scenario if she goes? Wanita leadership and the ministership? Any clue? Will Najib take that route?

  3. On the reason of preserving Wanita leadership intact to fight in the elections, Shahrizat won’t resign. On the grounds of not wanting Wanita in disarray and the usually hard working UMNO women folk demoralized, Najib won’t ask her to go. UMNO Supreme Council members won’t go against the party President. They all know how close Shahrizat is to Najib – to his wife actually. Never mind the damage it causes to BN prospects at PRU13.

    That there is no proof of her involvement in the family business deals and the securing of the huge loan is no ground for her to stay under the circumstances now. She must know that politics is a game of perception. The Opposition is going gaga on this entire saga. True, whether she goes or not, they’ll keep on lambasting the issue till PRU13 and kingdom come. But the public perception may improve if UMNO is seen to be responsible, get her out and do damage control.

    Those approving the loan and releasing the huge cheques must be brought to book. It’s inconceivable that such big monies could be paid in a lump sum – not progressively upon proof of performance – for use at the company’s discretion. What stupidity or complicity is that?

    • Yeah, I have the same thing in mind about her not to resign because it will demoralised hardworking WANITA UMNO members.

  4. Shahrizat should leave now with dignity rather than later with ignominy. It is not the case of “guilty by association” but rather a case of perception. It is too bad that this “mess” has got the better of whatever good Shahrizat has contributed through the UMNO Wanita. There is a saying “pergi bukan erti kalah”, so that would be the best step Shahrizat could take at this moment. Combine your efforts with that of your family and be successful.

  5. In due respect it’s avisable for Shahrizat to resign as a Minister.

    Don’t be too defensive lot of things is not right in NFC what ever reason you gave that you are not involve in the family business it radiculous most of Malaysian can’t bite the bullet anymore be professional resign with full respect, enough is enougt…..

    Ingat akhirat tempat yang manusia kekal tinggal selama lamanya.

  6. Behind every woman’s failure – is a man
    Behind every man’s success – is a woman

    • How apt for Auntie Ijat and hubby.

  7. What you guys reply is just plain. An ernormous amount of money has been siphoned whether illegaly or not. ALL government servant who had allow this to happen and what more are the familly of Sharizat including herself should be arrested without bail and face the LAW. Get them to jail and freeze and seize all the ill gotten wealth.

  8. The opposition will of course continue to grind Sharizat for political reasons. But political situation in Malaysia now is different. People don’t trust politicians across the board. The oppositons can dish the dirt on Sharizat but people are also watching the dirt that comes from the opposition side. Sharizat should consider resigning from her Ministerial post. After all it emanates from a senatorial appointment. But she should not resign from the UMNO Wanita Presiden post.Except for those groups in Wanita who are not so comfortable with the issue, there is no evidence to suggest the majority and grassroots want her to step down. I agree with some views expressed here that wanita folks will be in disarray should she leave. After all they place trust in her enough to choose her. The opposition uses the strategy of attrition and will continue to undermine politicians from the ruling parties who have good track records. They wont bother with minnows. The strategy of the ruling parties more often than not is to explain and defend when their policies are challenged. In politics one doesnt defend all the time. One has to think of a ‘ counter attack strategy’. How that will be, it is up to the wisemen of BN to figure out.


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