“I don’t think there is anything unusual or anything wrong (about the findings)...the audit found weaknesses which will be explained,” he said at a press conference in Kuala Lumpur.
Muhyiddin, who was agriculture minister when the RM73.64 million project was approved, however refused to comment further, passing the hot potato to Agriculture and Agro-based Industries Minister Noh Omar.
“This will be explained by (the minister),” he said.
On Tuesday, PKR said that they will “expose” evidence to implicate Muhyiddin and another cabinet minister whose family is claimed to have benefited from the project, if no explanation is given by Oct 31.
PKR also claimed that the project only fulfilled 0.6 percent of Malaysia’s demand for beef, falling far behind the 40 percent target in the Ninth Malaysia Plan
The AG’s Report found the project a “mess” and that the project meant to meet the demand for beef in the country is more than 4,000 cows short of its obligations.
The audit also found that NFC failed to carry out an entrepreneurship programme as required by the government.
The Auditor-General noted that the project is plagued with problems, with Pemerbadanan Menteri Besar Negri Sembilan having taken back 3,000 acres of the 5,000 acres set aside for the project.
RM6.52 million of the RM13 million grant promised have been disbursed to NFC, while a RM134.72 million soft loan was also released.
The Finance Ministry deferred disbursement of the full amount until a “viability and business model project” study is completed.
The ministry is also going through a viability report it requested from UPM Consultancy and Services, received in April this year.
The project, which received a government soft loan of RM250 million, will also be probed by the Public Accounts Committee.
NFC has declined comment.