Thursday, December 22, 2011

Condo in Singapore


Image credit: http://lushhomemedia.com/2006/07/11/orchard-scotts/

On Tuesday, PKR revealed another startling expose pertaining to the ongoing National Feedlot Centre (NFC) issue, alleging that even more money was siphoned to purchase yet another luxury condominium – this time in Singapore — for Shahrizat’s lucky family.

PKR’s Saifuddin Nasution said the 2,282-square feet condominium, one of the largest available at the posh Orchard Scotts Residences on Anthony Road in Newton, Singapore’s uptown district, was purchased for S$4.1 million by the senior minister’s family on January 27 last year. According to the currency exchange rate at the time of purchase, Saifuddin said the unit would have cost about RM9.9 million.

I suppose they can justify the purchase of this condo. Cows need an “orchard” to roam lah... Didn’t they say that the grass is always greener on the other side?

And you know what? The condo unit was registered directly under the names of Shahrizat’s family members, Mohamad Salleh Ismail (Shahrizat’s hubby) and her two children Izran and Izzana.

PKR’s Rafizi Ramli however admitted later that the party was unable to trace the actual money trail between NFC’s funds and the condominium purchase. He however pointed out that previous records had also shown the direct transfer of funds between Real Foods Company (RFC) and the National Meat and Livestock Corporation (NMLC), both owned by Shahrizat’s family members, and two other companies that they own in Singapore.

We already know about the condo unit in Bangsar – if not, read my posting dated November 12, 2011 titled “Cows Living it up in Bangsar Condo”. Correction! It is actually two condo units as disclosed by Shahrizat’s hubby. And the revelation on December 20th – as described in this posting – showed that their property investments are expanding.

Saifuddin also revealed: “For the duration of three months between October and December 2010, Shahrizat’s family transferred an estimated S$530,000 or RM1.3 million from the government’s funds to manage its personal business in Singapore”. And he added: “If this happened throughout 2010 and 2011, it is likely the funds have surpassed RM10 million for the business in Singapore.”

This family is worshipping a new god, greed. JAWI (Jabatan Agama Islam Wilayah Persekutuan or Federal Territory Islamic Affairs Department) should be alerted.

But yesterday, The Malaysian Insider brought attention to the NFC executive chairman’s refusal to refute, deny or confirm the Singapore allegations, saying he was no longer speaking to the media on the matter. Can you blame him for being speechless?

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