Petronas boss’ daughter to rake in RM70m

This is due to the Sustainable Energy Development Authority of Malaysia’s decision to allow 12 companies linked to her to supply solar energy, says DAP’s Tony Pua.

G Vinod, FMT

Companies linked to Petronas chairman Mohd Sidek Hassan’s daughter may rake in about RM70 million in profit annually by holding 32.4% of the nation’s solar energy supply.

DAP publicity chief Tony Pua made the allegation today at a press conference held at the party headquarters here.

“The rate is based on the current quota average price, which is between RM0.85 sen per kilowatt/hour (kWh) to RM1.78 kWh,” he said.

Last week, Pua alleged that Sidek’s daughter, Suzi Suliana, was awarded 32.4% of the allocation to supply solar power by the Sustainable Energy Development Authority of Malaysia (Seda)

The contract was said to have been awarded to 12 companies linked to Suzi and her husband, Todd Michael Morath.

Seda chairman Fong Chan Onn stood by his decision to award the contracts to Suzi, claiming “the selection was done above board as it was done through online.

He also said that he plans to file a legal suit against Pua for his accusation.