PKR claims Sharizat’s family owns supermarket in Singapore

  • Nation
  • Tuesday, 28 Feb 2012

PETALING JAYA: After claiming that Datuk Seri Shahrizat Abdul Jalil's family owned condominium units in Kuala Lumpur and Singapore, PKR is now claiming that the family is also involved in an upmarket supermarket in Singapore.

PKR strategic director Rafizi Ramli claimed that the RM250mil government soft loan given to NFC was used as collateral to get bank loans from Malayan Banking Berhad dan United Overseas Bank Limited to open the supermarket.

“The shares of supermarket operator, Farmhouse Supermarkets Pte Ltd, is jointly owned by family members of Women, Family and Community Development Minister Datuk Seri Shahrizat Abdul Jalil.

“They are her husband and NFC executive chairman Datuk Dr Mohamed Salleh Ismail, her second son Wan Shahihur Izran Salleh and youngest daughter Wan Izzana Fatimah Zabedah,” he said in a press conference at the PKR headquarters on Tuesday.

He said he believed the method used to fund Farmhouse was similar to the purchase of the two Marina Bay suits, that he had also claimed previously, besides the condominium units.

Recently, Rafizi Ramli claimed that the family owned the two luxury suites in Singapore besides the condominium units in Kuala Lumpur and the republic.

“PKR's investigation show that Farmhouse Supermarkets Pte Ltd has become an anchor tenant to a luxury retail mall called Star Vista and will be situated at an elite area near Nanyang Technology University.

“We also found that Farmhouse had signed a tenancy agreement with developer CapitalMalls for 28 units on the second floor of the complex. The supermarket is expected to start operating in the third quarter of this year when Star Vista is completed,” he said.

He said that based on a research by Competition Commission of Singapore, the retail rental at upper end locations went for S$350 to 500 per sq m per month.

“So, if the floor area of some 28 units is estimated to be 3,000 sq, the monthly rent that Farmhouse has to fork out would be about S$900,000 a month or RM2.2mil a month,” he said.

The NFCorp controversy arose after the 2010 report of the Auditor-General stated in October that the company had failed to achieve its target.

The issue heated up after the Opposition alleged irregularities over the RM250mil government loan to NFCorp.

The Wanita Umno chief has been embroiled in the controversy over National Feedlot Corporation managed by her family members, including her husband and children.

DAP Publicity chief Tony Pua had said that it is clear that National Feedlot Corporation had breached the terms of the loan agreement by utilising funds for purposes other than that was approved and stressed the need for an immediate freeze of the assets.

NFCorp denied DAP publicity chief Tony Pua's accusation that it had violated the conditions of its loan agreement, saying it was to mislead the public by providing only a selective set of facts.

PKR has continued to cast the spotlight on RM250mil government-funded cattle-raising alleging the project's funds had been abused.

After the police and the MACC started investigations, Prime Minister Datuk Seri Najib Tun Razak announced the company's assets had been frozen.

Meanwhile, Shahrizat went on a three-week leave from ministerial duties last month while the probe was going and was questioned by MACC when she came back to work.

She has maintained that she had nothing to do with NFC.

The police have recommended to the Attorney-General to charge the directors of the company who are her husband and three children with criminal breach of trust.

Related Stories: Cops want NFCorp directors charged with CBT Nazri: Re-tender NFC project to regain people's trust NFCorp explains investments Shahrizat: I made clear to MACC I have never been a part of NFC Family has two more S'pore suites, claims PKR Wanita Umno chief: Political motives behind calls for me to quit DPM: No need for inquiry into NFC issue

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