Khairuddin Abu Hassan has urged the Finance Ministry to consider a local company's interest in buying over the troubled National Feedlot Corporation to reclaim the RM250 million defaulted loan.
"What I don't understand is there's a reputable company which has signed an agreement with NFC which contained the agreement to settle the company's debt to the government in cash. Khairuddin added that under the previous BN adminsitration, NFC failed to fulfil what is listed in the"implementation agreement."
Khairuddin believes that the government will not have to wait to decide on a buyer for NFC, as the local company is reputable and has a blueprint to expand the cattle breeding industry."What's important is that we reclaim the RM250 million in the time when the country is having financial constraints," his statement read.
Ok who is going to pay back the gov its debt, buyer,
What’s there to buy
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