Monday 6 August 2012

Chua Jr under fire over NFC 'neglect'

Deputy Agriculture and Agro-based Industries Minister Chua Tee Yong has been asked how many times he has visited the National Feedlot Corporation’s (NFC) cattle-breeding project, which is in an “ugly state” today.

NONEPetaling Jaya Utara MP Tony Pua (left) raised this when pointing out Chua’s tenacity in highlighting the Selangor government’s debt recovery exercise involving Talam Corporation Bhd.

“Did (Chua) even visit the NFC a single time to perhaps count the number of cows being bred in the farm, instead of making multiple fishing trips to the scenic Bestari Jaya lakes?” he snapped in a statement.

“Has Chua delivered his ministerial responsibilities by finding out why a RM250 million soft loan was extended to NFC ... in 2008, two years before (the) project implementation agreement was even signed between his ministry and NFC?”

“Has Chua ever taken the trouble to find out why NFC has not paid a single sen back to the government (although the) ... first repayment instalment (has been due) since January 2012?

“Can he provide an assurance to all Malaysians that every sen of the RM250 million will be collected back, whether in the form of cash or assets, just as the Selangor government has managed to successfully collect back the RM392 million Talam debts?
“If not, then perhaps Chua could give Malaysians a reason why he is fit to be a deputy minister other than to be the errand boy for the Selangor Umno warlord and its minister Noh Omar.”

NONEPua said that Chua (right) - in his crusade against the Selangor government's RM393 million debt recovery exercise - had made the serious and inaccurate allegation that it is bailing out Talam to the tune of RM1 billion.  

“Instead of a bailout, it has been proven that the Selangor government was able to collect back the full amount of RM392 million in the form of cash and assets.  

“The RM392 million was a debt legacy from the BN administration since the 1990s which was never properly accounted for or collected.
“In fact, Talam shareholders must be ruing the day Pakatan Rakyat took over Selangor because they had to pay up their debts within two years ....”

No comments:

Post a Comment