Ku Li: All states have a right to oil royalty


Wednesday, 18 November 2009 Super Admin
E-mail Print PDF
Digg!Del.icio.us!Google!Live!Facebook!Technorati!StumbleUpon!MySpace!Yahoo! Twitter!LinkedIn! 

(The Star) - Former Finance Minister Tengku Razaleigh Hamzah has weighed in on the oil royalty debate, saying that all oil-producing states including Kelantan had a right to oil royalty.

Razaleigh’s view clearly opposed that of Minister in the Prime Minister’s Department Datuk Seri Nazri Aziz, who had insisted on Tuesday that Kelantan had no right to ask for oil royalty as no petroleum was produced in the state’s waters within three nautical miles of the coastal line.

“It is a constitutional right of the people, whether is it found on shore or off shore. I think the agreement that was signed between the states and Petronas assures that the states where oil is found, whether on shore or off shore, will benefit from such a find,” he told reporters at the Parliament lobby on Wednesday.

The Federal Government had labelled the oil payout to Kelantan as a “goodwill payment,” which the Opposition objected to, saying that money was a right and not a goodwill payment.

“There is no such thing as wang ehsan (goodwill payment) because oil is the right of the people and it’s not for the Federal Government to distribute as a largess.

“The Government can distribute such funds from the revenue collected from taxes and that is its prerogative; but when it comes to this, it is the right of the people.

“That’s why I feel inclined to say my piece because I was involved from the beginning and I know the intention of why we had the agreement with the states,” he said.

Razaleigh, who was Finance Minister and Petronas chairman when the Petroleum Development Act 1974 came into force, held a short discussion with Opposition leader Datuk Seri Anwar Ibrahim, PAS vice-president Salahuddin Ayub, PKR strategic director Tian Chua and election director Saifuddin Nasution on the issue at the MPs’ lounge.

Razaleigh said they wanted to form a caucus on the matter and wanted him to lead it, to which he said he would consider it.

”I will be following the development to see if I can contribute, because after all I was involved in the oil business, starting with formation of Petronas and negotiation with the states and the drafting of the laws,” he noted.
Comments (10)Add Comment
...
written by asguard, November 19, 2009 10:51:04
Well... see how arrogance are they....then yet can say people first! What kind of barang naik... of lately said people first is total BULLSHIT....Talk nonsense...when oil royalty being ask by state government is being rejected...
...
written by jaz, November 19, 2009 10:36:07
oil-producing states including Kelantan had a right to oil royalty.


DUH!!!
...
written by budakindia, November 19, 2009 09:41:52
where were you when Mahathir made the same scheme back in 1999?
...
written by rocky, November 18, 2009 23:37:29
UMNO/BN wants the money. if they give it to PAS, PAS will spend it wisely and on the people. Look at Tgganu, falling roof after millions of dollars. monsoon cup which is syok sendiri as no one else in the world cares. So UMNO/Bn can't have a someone showing how to do it honestly. But hey rakyat didahulukan....bila ada kerugian la. Balik la PM
...
written by Nixcloud, November 18, 2009 20:10:16
Thank you Ku Li - you have earned my respect!
...
written by sataysticks, November 18, 2009 20:09:56
We should feed Nazi Nazri some petrol to keep his mouth well oiled and to talk some sense!smilies/grin.gifsmilies/grin.gif
...
written by Oscar Winner, November 18, 2009 20:01:48
It's obvious. No loyalty to UMNO, no oil loyalty for you. Period.
...
written by Aduh, November 18, 2009 19:53:39
Good of your to speak up Tengku. Let all Malaysians realize that the minister who is very vocal against royalty is a nut.of the highest order.
...
written by cheekhiaw, November 18, 2009 19:37:35
Now the UMNO fellas are the tuans, the Kelantanese the squatters....

xxx
...
written by Jan, November 18, 2009 19:25:26
It will only happen under a Pakatan Federal govt.

Write comment
This content has been locked. You can no longer post any comments.
You must be logged in to post a comment. Please register if you do not have an account yet.

busy
 

Language Translation

NEWS/COMMENTARIES

Abu Sayyaf says The Philippines. No says Malaysia

(abs-cbnNEWS.com) ZAMBOANGA, Philippines - Two Malaysian-Chinese businessmen were abducted in Sabah, Malaysia on Monday and brought to ...

Raja Azman Raja Petra admitted into the Sungai Buloh hospital

(Malaysia Today) – Raja Azman Bin Raja Petra has been admitted into the Sungai Buloh hospital. Initial reports say that he has swallowed or has been ma...

We’ll get it back in the next election: Nizar

(The Star) - Pakatan Rakyat is setting its sights on the next general election to wrest Perak back from the Barisan Nasional, the state’s former mentri besar Datuk Seri Mohammad Nizar ...

2 Malaysians abducted in Borneo

MALAYSIAN police said on Monday that two men have been abducted by gunmen near a Borneo town which the United States warned last month was being targeted by criminal and ...

Zambry is the lawful MB, Federal Court agrees

(The Malaysian Insider) - The Federal Court today found that the Court of Appeal was justified to reverse the High Court decision declaring Datuk Seri Mohammad Nizar Jamaluddin the rightful ...

Zulkifli predicts mass resignations from PKR

(Bernama) -- Kulim-Bandar Ba ha ru Member of Parliament Zulkifli Nordin of Parti Keadilan Rakyat (PKR) predicts there will be mass resignations from PKR in the next two or three ...

Ku Li blames Umno, Dr M for loss of democracy

News image

 (Free Malaysia Today) - Tengku Razaleigh Hamzah (picture), Umno’s most vocal dissident,  yesterday fired some of his most devastating salvos in recent weeks, at one point using the word “deranged” to ...

Former PKR man predicts more defections

(The Malaysian Insider) -  Former Federal Territory PKR treasurer Norasidi Salim, who joined Umno tonight, predicted more defections soon if the Pakatan Rakyat party fails to address problems faced by their ...

'Stop meddling' in trial

MALAYSIA on Monday warned foreign governments not to criticise its justice system or 'meddle' in the sodomy trial of opposition leader Anwar ...

Lim: Malay contractors receive more than 60% projects

Written by Regina William, The Edge    Fed up with the constant allegations hurled against him on sidelining Malays in Penang by various parties, Chief Minister Lim Guan Eng has vowed not ...

Latest Videos

Scandal Sodomy Murder - Part 1 of 3
Scandal Sodomy Murder - Part 2 of 3
Scandal Sodomy Murder - Part 3 of 3
RPK Speaks His Mind - Was Anwar Really Poisoned?


BUY THE BOOK HERE
**Paypal only option for now**

Sponsored Links

World Futures  Moscow's Middle East conference: Should the Muslims depend only on the US to solve the Palestine crisis?

Future Fastforward  A controversial analysis by a controversial analyst, Matthias Chang, the lawyer-writer who unabashedly calls a spade a spade and offers no apology for doing so.

Internet TV 3000+ Channels  Pick your favorite internet TV channels straight to your PC! Yay!


 
Some Images Hosted With
Thank You ImageShack!



This Site is AnswerTips enabled. Just double click on any word on this site to get a quick reference.

You are here: Home MT COLUMNS NEWS/COMMENTARIES Ku Li: All states have a right to oil royalty

Latest Posts - News/Commentaries

Popular Posts - News/Commentaries