Police have concluded investigations into the National Feedlot Corporation (NFC) issue, with the findings to be submitted to the deputy public prosecutor today.
Federal Commercial Crime police director Datuk Syed Ismail Syed Azizan said police conducted a thorough investigation and recorded 54 statements, including those from the NFC.
“Now, we will submit the report to the DPP for his decision on the next course of action,” he said yesterday.
Syed Ismail said police investigations were based on claims of cheating and criminal breach of trust.
On the frozen assets, Syed Ismail said NFC’s assets were frozen to facilitate police investigations at the start of the probe.
Prime Minister Datuk Seri Najib Razak had on Saturday confirmed that NFC’s assets had been temporarily frozen.
NFC is also being investigated by the Malaysian Anti-Corruption Commission (MACC), which had raided its headquarters.
MACC has confirmed that it was finalising its investigation papers on the case before making recommendations to the Attorney- General’s Chambers.
NFC, in a statement yesterday, said the company’s operations continued uninterrupted.
Its executive director, Wan Shahinur Izmir Salleh, said it was business as usual at the company as only its assets were frozen.
Source : New Straits Times
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