NFC confirms buying not one but two luxury condos

Dogged by claims of irregularity, the National Feedlot Corporation (NFC) finally broke its silence today to defend its purchase of multi-million luxury condominum units in Bangsar as a “good business decision”.

In a press briefing opened to selected mainstream media organisations, its chairman Datuk Seri Dr Mohamad Salleh reasoned that the investment had helped yield better returns for the NFC project compared to keeping the money in a bank.

It was also revealed then that the NFC owns two units at the upmarket condominium, as opposed to one as previously reported.

Buying positive publicity: UK regulator now on Najib's deal with FBC media

Prime Minister Najib Razak's government has come under fire for trying to shield him against a scandal that is threateng to rock the international media and plunge the country into further shame.

Nik Nazmi, a fast-rising author and a lawmaker in the Malaysian opposition coalition, warned that UK communications regulator, Ofcom, was already launching its own investigation into claims of bias and bribery at FBC Media. The FBC is a small UK firm employed by Najib and Sarawak Chief Minister Taib Mahmud to produce positive propaganda about themselves in a bid to deceive global audiences into a false perception about their leadership.