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Thursday, February 23, 2012

Anwar not giving true picture on royalty

 KOTA KINABALU: PKR de facto leader Datuk Seri Anwar Ibrahim is not giving the true economic picture when he offered oil producing states 20% petroleum royalty, Sabah Barisan Nasional secretary Datuk Rahman Dahlan said.

He said Anwar should explain if his proposed increase in royalty for the four states would affect the huge federal development allocations for Sabah and Sarawak.

“If Anwar increased Sabah’s royalty to 20%, can he guarantee that he will not reduce the state’s allocation in his federal budget or in the 11th Malaysia Plan?” he said here yesterday.
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