Sunday, April 7, 2013

Does Petronas Belong To Your Grandfather?

Does Petronas belong to your grandfather?

Well, in a way it does, but not to your grandfather.

Someone else's grandfather.

And the kid is not your son.

You see, Petronas, the national oil and gas company, was established in August 1974 under an Act of Parliament - the Petroleum Development Act 1974.

Under the Act, even Parliament and your Yang Berhormat (MP) cannot scrutinise its accounts.

Not even the august Jemaah Menteri (the Cabinet).

The only person who has access to its annual accounts is the Prime Minister.

In such a closed, secretive and limited milieu, it is only easy to conclude that abuse, questionable practices and deals, favouritism and whatnot of like disposition are the brothers and sisters-in-arms.

I don't know.

Because I am not the grandfather.

Nor the brothers and sisters-in-arms.

Like you, I can only read and listen and think a little and decide for myself whether it is time to go for a change of government.

2 comments:

  1. interesting, didn't know that. my husbands uncle is the ceo of one of the divisions of petronas and he gets shitloads of cash and is literally the most secretive person i know. he won't talk to anyone about what he does, now i know why lol

    ReplyDelete
  2. Good for him. But bad for the nation as a whole? Thanks for passing by and commenting.

    ReplyDelete

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Kluang's Little Bangsar

Kluang's Little Bangsar
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Kamini's Indian Wedding - Click To Visit
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Yasmin Ahmad - Click To Visit

Yasmin Ahmad - Click To Visit
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Kluang Town - Click To Visit
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Kluang RailCoffee
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