Pandan MP Rafizi Ramli today challenged National Feedlot Corporation (NFC) to reveal whether or not the controversial firm had given a retrospective approval for the purchase of two luxury condominiums in 2009.

This follows NFC executive chairperson Mohamad Salleh Ismail saying yesterday that an AGM was held to allow the NFC board to transfer funds to the National Meat and Livestock Corporation (NMLC) for the property purchase.

Salleh said the transfer was approved on Dec 23, 2009. However, Rafizi claims the funds to purchase the condo was paid on Dec 2 directly to the property developer.

"When the four money transfers to pay for the condominium were made, that is on Dec 2, 2009, NMLC was still a company that had no relation to NFC.

"As such I dare NFC to reveal all the minutes from the board of directors meeting and the AGM [...] let the public see for themselves how the decision to make NMLC a subsidiary was made later, after the funds were transferred without prior approval," Rafizi said at a press conference at the Parliament lobby today.

Salleh, who is Wanita Umno chief Shahrizat Abdul Jalil's husband, was acquitted yesterday after the attorney-general's chambers withdrew four charges against him involving company funds.

He was accused of misappropriating RM9,758,140 through four NFC cheques to fund part of the purchase of two condominiums at One Menerung complex in Kuala Lumpur.

He was also accused of transferring RM40 million through an NFC cheque into the account of National Meat & Livestock Corporation Sdn Bhd, a company which he and one of his children owned, between May 6 and Nov 16, 2009.