Tuesday, June 24, 2008

Petronas operated by proxies?

I read the letter by PKR vice-president Dr. Jeffrey Kitingan to "Malaysiakini" in anger. His letter entitled "Who are the six 'option holders' of Petronas?" (http://www.malaysiakini.com/letters/84969) revealed why Petronas could not net in huge profits despite world crude oil price soared over US$140.00 pr barrel.

I hope that Pakatan Rakyat would dig into the secrecy, and expose the six culprits. It is not surprising to see that this is another BN cronies at work. BN leaders may be hauling in huge profits through proxies.

God has bless Malaysia with abundant oil supplies. As such, every citizen is eligible to use the oil deduct the expenses. Therefore, in the first place there shouldn't be such thing as "subsidies". We should get access to the use with low price. So after supplying to all within the country, the surplus to be exported, and the profit to build infrastructures like roads, bridges, high-tech transportation, etc, less toll charges. And not forgetting to do what Penang Chief Minister Lim Guan Eng has suggested that RM6000.00 per year in cash be given to each family.

If Petronas cannot do such thing, let her administration be handled by Parliament with a committee comprising both MPs from BN and PR.

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