Report: Maybank Singapore sues NFC chairman, children for defaulting on housing loans worth RM7.9m

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National Feedlot Corp Sdn Bhd (NFC) chairman Mohamad Salleh Ismail and his two children have been sued by Maybank Singapore for defaulting on two housing loan facilities for properties in Singapore.

National Feedlot Corporation chairman Datuk Mohamad Salleh Ismail is seen with his wife Tan Sri Shahrizat Abdul Jalil outside the Sessions Court in Kuala Lumpur in this file picture taken on November 28, 2015. — Bernama pic

The suit named Mohamad Salleh as the first defendant, while his children Wan Shahinur Izran and Wan Izzana Fatimah Zabedah were named as second and third defendants respectively. For the first housing loan facility, Maybank Singapore granted a loan of S$4.37 million in 2009 to all three defendants to finance the purchase of a luxury apartment in Orchard Scotts.

 

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