'NFC's statement show it's more a grant than a loan'
The explanation given by the controversial company National Feedlot Corporation (NFC) over a government loan running to hundreds of millions supports PKR's argument that the RM250 million was more a grant than a loan.
According to PKR chief of strategy Rafizi Ramli, this is because NFC executive chairperson Mohamad Salleh Ismail had revealed that there is no repayment schedule stipulated for the loan.
http://www.malaysiakini.com/news/181762
According to PKR chief of strategy Rafizi Ramli, this is because NFC executive chairperson Mohamad Salleh Ismail had revealed that there is no repayment schedule stipulated for the loan.
http://www.malaysiakini.com/news/181762