UMNO STEALS $126 BILLION OIL REVENUE PER YEAR?
Ex-Insider · 43 weeks ago (Sarawak Report)
1. Sarawak present income from Oil and Gas Exploration Industry should be in the range of RM 300 million to RM 500 million per day or maybe more. Let’s take an average of RM 350 million per day X 30 days = RM 10.5 Billion per month. RM 10.5 billion X 12 months = RM 126 Billion per year.
2. It have been 38 years, since Abd Rahman Yaakup, Sarawak then CM signed up an agreement with Tun Abd Razak in 1972 to accept the 5 % royalty. So even if we consider an average of RM 110 billion per year throughout the 38 years, it’s still accumulate a staggering figure of RM 4.180 trillion within that period. Just imagine what Sarawak could turn out to be with that!
3. Not to forget all those more expensive daily requirements as compare to those paid by our W. Malaysian counterparts. M’sian Govt. imposed the highest import taxes in the world on vehicles. And yet again, Sarawakian are paying 8K – 9K more than those in Malaya on Ford, Mazda, Suzuki and some other imported marques. (for examp: Suzuki Alto, a compact, entry model, cost RM 44K in W. Malaysia as compare to RM 52K in Sarawak. (For M’sian made cars, we are paying RM 3k more). By right, if directly shipped from it’s origin country to Sarawak, it would cost more or less the same than the price in Malaya, maybe 1 or 2k more, that would be acceptable.
WHY SO MUCH PREJUDICE? Is Sarawak just your Gold Mining that would end up for a dump site? The worst culprits of them all: MAMAK KUTTY AND PEK MOH.