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Published on Nov 18, 2011
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.