Mahathir's cruel joke on Sabah and Sarawak?

Anger is building up again in the East Malaysian states with Dr Mahathir Mohamad’s statement this week on the oil royalties.

The Borneo states claim territorial rights to its oil and gas resources within the state boundary under the Malaysia Agreement 1963, and is unlikely to compromise on anything less than 20% oil royalty. Mahathir has now come clean and confessed that the government cannot meet the demand by the states to quadruple the royalties.

If Petronas still claims sole oil rights to oil and gas resources in Malaysia under the Petroleum Development Act 1974, the full argument has still yet to be tested in court and will be subject to legal challenge. Sabah seems always to be on the receiving end of Putrajaya’s failures. Under Najib Razak, we had the Trans Sabah Gas pipeline project costing billions, paid on timeline basis but without work done. The whole project was a sham.

Ouch.. that hurts! gpsutamaswak

imagine someone come and mined gemstones in your land, then asking u to pay for a percentage in the company he created to mine your gemstone. chedet is a joke. he should give it to them for free. the natural resources is in those states, not in putrajaya.

We had Affordable housing then what about Affordable installment plan in Petronas stakes! That's Realizable.

Sounds like a good plan.

Kalau hak bagi saja lah, cakap Malaysia baru?

Should have just 'give it' rather than 'sell it' to Sabah & S'wak.

They took their oil and gas and sell to them haha 🤣 that’s what joining M’sia is about. Huge mistake.

chedetofficial is a genius!

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