Why focus on Sarawak in Petronas RCI?
From Robert Lau
I welcome Zaid Ibrahim’s support for a royal commission of inquiry into how Petronas’s wealth has been used, and how to improve management, transparency, and fairness in distributing resources to the states.
However, his support comes with conditions, accompanied by a veiled attack on Sarawak’s governance through his suggestion that the commission’s scope be expanded to include how Sarawak’s power and wealth have been managed.
Why single out Sarawak?
Why not begin at the very top, where wastage and scandals abound?
This is nothing more than an attempt to distract from the real issue.
The real issue for the nation is how we move forward in transforming our economy so that we are not overly dependent on natural resources – especially those extracted from Sarawak and Sabah – to rescue the country from its dire financial position.
The nation faces a huge public debt of more than RM1.3 trillion and an annual budget deficit that adds nearly RM100 billion to…
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