Rafizi: NFC doomed from the start

Politics aside, can the National Feedlot Corporation (NFC) turn things around to make it work? Probably not, said PKR chief of strategy Rafizi Ramli.

Interviewed by Malaysiakini last week, Rafizi, who is a chartered accountant said that the bare economics of the project suggest that the project was "doomed from the very beginning".

Already facing a lawsuit by cabinet minister Shahrizat Jalil, whose family owns NFC, Rafizi even went as far as suggesting that the family knew that it was never going to succeed, but used it for "seed money" for other businesses.

"I get the feeling that the National Feedlot Centre operation in Gemas...is just a disguise. The rest is about the more glamourous part of the business; property investments, upmarket food and beverage business.