KUCHING, July 21 — Chief Minister Datuk Patinggi Abang Johari Tun Openg said the provision of royalty and profits based on oil production are two different things.
Hence, he said the government of Sarawak wished to seek further explanation from the federal government on the matter.
“We will get an explanation because royalty and profits are not the same,” he told reporters briefly after chairing the 51st Sarawak United National Youth Organisation (Saberkas) here today.
Abang Johari was asked to comment on the statement of Prime Minister Tun Dr Mahathir Mohamad on the 20 per cent royalty to petroleum producing states at the Dewan Rakyat sitting recently.
Yesterday Dr Mahathir clarified that the 20 per cent royalty would be made based on the total profits acquired by the petroleum producing states. — Bernama
chinaman
20% on profit share...so, if losses, then 20% from Sabah or Sarawak state??? wakaka
2018-07-21 15:23