Terengganu rumblings: Battle over gravy train?

How to try and understand what’s going on in Terengganu now?

Follow the money trail, auditors and journalists are often told.

So let’s try that here. What is Terengganu’s main asset? Black Gold. Off shore oil.

And the state’s main revenue source is the oil royalty from Petronas, which the Federal Government used to hand over to the BN state government to spend as it so desired.

That is, until the Sultan of Terengganu, our present Agong, reportedly wanted a Terengganu Investment Authority (TIA) to manage the funds.

Read more at: http://anilnetto.com/accountability/tganu-rumblings-has-the-gravy-train-dried-up/