Sunday, 20 July 2008
Friday, 18 July 2008
ANWAR IBRAHIM AND HIS TALES OF PRECIOUS DNA THAT KEEP ON CHANGING BOTH THEIR COLORS
DNA (Deoxyribonucleic Acid) SHOULD AND COULD NOT be the issue in this latest twist involving THE POLICE and DATO SERI ANWAR IBRAHIM.
This is then asked of his lawyer R. Sivarasa regarding foreign and neutral DNA expert’s assistance to help Anwar Ibrahim establishing the truth in which R. Sivarasa was reported saying:
him to have his choice of foreign DNA experts to co-work with the whole DNA profiling process. He mocked the idea saying it isn’t good enough as evidence can still be fabricated. So what on earth is the way befits him that he wants? Why and what with all those excuses and reasons and escapes?? Why is he not eagerly wanting and seeking the truth and get this whole sodomy thing done once and for all? It only takes 5 hours to get a DNA profile done? What so frustrating about that? 5 hours under the eyes, microscope and hands of his own trusted and chosen DNA technicians and experts who will make sure that none of the given samples be taken away for other use. So what the issue does fabrication of evidence is and now has then? None at all! So why keep on giving excuses after excuses? Shocking, surprising, confusing yet so amusing.Thursday, 17 July 2008
ANWAR IBRAHIM MAY ACT LIKE A HERO BUT THE QUESTIONS OF WHY PROVE HIM BEING THE VILLAIN
extended schedule before he was apprehended, but rather, WHY ANWAR DEFIED an earlier police order requesting him to be present on MONDAY? Why Anwar not doing so the DAY AFTER? And why Anwar CHOSE TO give priority and attended to Anti Coruption Agency’s hearing instead of adhering and obeying to the urgency of an ARREST WARRANT on behalf of the police on him to facilitate the sodomy case involving him? WHY ANWAR?
have had any sensible Malaysian losing sleep and eating appetites worrying about one. But NOT our dearest Anwar Ibrahim. He chose the ‘on need and free basis’ appointment with the ACA instead of obeying the arrest warrant. An ACA’s appointment which he could have easily postponed without anyone blaming him for. WHY ANWAR?
made that one statement as our course of promoting, mission worth action and basis principle to civilization. And if the laws require you to adhere, obey and act to one and as long it is within its guiding perimeters, then we should all be a sensible civilized Malaysian and respect the wishes of Malaysians and the land Saturday, 5 July 2008
WAS THE RESPECTED TUAN GURU NIK AZIZ SUGGESTING OR WAS HE INDICATING SOMETHING?
SWEAR UPON THE HOLY QURAN as the last and rightly resort as both involved are Moslem. He also advised those who have the proof, to furnish them in the COURT OF LAW and stop making open accusations which will worsen the current scenario. It is seen APPARENTLY, that the latter comment by Tuan Guru Nik Aziz was made to Anwar Ibrahim and his supporters whom have been hurling and flashing all sorts of unneeded accusations BUT yet to come up with any doubtless materials (and proofs) THAT MAY either support their extended accusations OR helps Anwar in establishing his defence.
Although, the calling by Tuan Guru Nik Aziz for both Anwar and Saiful to swear upon the Holy Quran, may not implicate anything other than suggesting a tool to help dispersing the anxieties and restlessness among Moslems; the TIMING and the BREATH shown by the 77-year old Tuan Guru may suggest that he HAS HAD ENOUGH. And that he has BEEN SATISFIED of something, to at last promoting the use of the Holy Quran.
humans afterall. But GOD knows every single thing of every single event at every single moment. And he is in no need of any reservation, neither does he is bias.HAS TUAN GURU NIK AZIZ NIK MAT BEEN BRIEFED OF ANWAR'S CASE?
A RELIABLE SOURCE HAS INFORMED me that PAS Spiritual Leader and Friday, 4 July 2008
UPDATE: BALASUBRAMANIAM RETRACTS THE ENTIRE CONTENTS OF HIS EARLIER STATUTORY DECLARATION
THE SORRY AND SAD STATE OF MALAYSIA'S STATUTORY DECLARATION AS LEGAL INSTRUMENT
I’m talking about an instrument called STATUTORY DECLARATION. But not just any other Statutory Declaration. It must be MADE IN MALAYSIA BY MALAYSIAN. And of course, for the use in by the abovenamed RAJA
at Makhamah Tinggi Kuala Lumpur )
this 18th day of June 2008 )
5. I was however re-employed by Abdul Razak Baginda on the 05-10-2006 as he had apparently received a harassing phone call from a Chinese man calling himself ASP Tan who had threatened him to pay his debts. I later found out this gentleman was in fact a private investigator called Ang who was employed by a Mongolian woman called Altantuya Shaaribuu.
12. I was therefore supposed to protect his daughter Rowena as well.
14. Altantuya had introduced herself to Suras as ‘Aminah’ and had informed Suras she was there to see her boyfriend Abdul Razak Baginda.
15. These 3 Mongolian girls however returned to Abdul Razak Baginda’s office at the Bangunan Getah Asli, Jalan Ampang again, the next day at about 12.00 noon. They did not enter the building but again informed Suras that they wanted to meet Aminah’s boyfriend, Abdul Razak Baginda.
18. In the meantime I had arranged for Suras to perform surveillance on Hotel Malaya to monitor the movements of these 3 Mongolian girls, but they recognized him. Apparently they become friends with Suras after that and he ended up spending a few nights in their hotel room.
19. When Abdul Razak Baginda discovered Suras was becoming close to Aminah he asked me to pull him out from Hotel Malaya.
20. On the 14.10.2006, Aminah turned up at Abdul Razak Baginda’s house in
21. I followed the patrol cars to Brickfields police station in a taxi. I called Abdul Razak Baginda and his lawyer Dirren to lodge a police report but they refused.
22. When I was at the Brickfields police station, Aminah’s own Private Investigator, one Mr. Ang arrived and we had a discussion. I was told to deliver a demand to Abdul Razak Baginda for USD$500,000.00 and 3 tickets to
25.1 He had been introduced to Aminah by Datuk Seri Najib Tun Razak at a diamond exhibition in
25.2 Datuk Seri Najib Tun Razak informed Abdul Razak Baginda that he had a sexual relationship with Aminah and that she was susceptible to anal intercourse.
25.3 Datuk Seri Najib Tun Razak wanted Abdul Razak Baginda to look after Aminah as he did not want her to harass him since he was now the Deputy Prime Minister.
25.4 Datuk Seri Najib Tun Razak, Abdul Razak Baginda and Aminah had all been together at a dinner in
28. Whist I was talking to Aminah, she informed me of the following :-
28.1 That she met Abdul Razak Baginda in
28.2 That she had also met Abdul Razak Baginda and Datuk Seri Najib Tun Razak at a dinner in
28.3 That she was promised a sum of USD$500,000.00 as commission for assisting in a Submarine deal in
28.4 That Abdul Razak Baginda had bought her a house in
28.5 That her mother was ill and she needed money to pay for her treatment.
28.6That Abdul Razak Baginda had married her in
28.7 That if I wouldn’t allow her to see Abdul Razak Baginda, would I be able to arrange for her to see Datuk Seri Najib Tun Razak.
33. After the 19.10.2006, I continued to work for Abdul Razak Baginda at his house in Damansara Heights from 7.00 p.m. to 8.00 a.m. the next morning, as he had been receiving threatening text messages from a woman called ‘Amy’ who was apparently ‘Aminah’s’ cousin in Mongolia.
47. At the end of November 2006, the D9 department of the IPK sent a detective to my house to escort me to the IPK Jalan Hang Tuah. When I arrived, I was told I was being arrested under S.302 of the Penal Code for murder. I was put in the lock up and remanded for 7 days.
49. They then proceeded to record my statement from 8.30 a.m. to 6.00 p.m. everyday for 7 consecutive days. I told them all I knew including everything Abdul Razak Baginda and Aminah had told me about their relationships with Datuk Seri Najib Tun Razak but when I came to sign my statement, these details had been left out.
50. I have given evidence in the trial of Azilah, Sirul and Abdul Razak Baginda at the Shah Alam High Court. The prosecutor did not ask me any questions in respect of Aminah’s relationship with Datuk Seri Najib Tun Razak or of the phone call I received from DSP Musa Safri, whom I believe was the ADC for Datuk Seri Najib Razak and/or his wife.
54.1 State my disappointment at the standard of investigations conducted by the authorities into the circumstances surrounding the murder of Altantuya Shaaribuu.
54.3 Persuade the relevant authorities to reopen their investigations into this case immediately so that any fresh evidence may be presented to the Court prior to submissions at the end of the prosecutions case.
54.5. Express my concern that should the defence not be called in the said murder trial, the accused, Azilah and Sirul will not have to swear on oath and testify as to the instructions they received and from whom they were given.
Before me,
Wednesday, 2 July 2008
UNIT 1151 WHERE THE ALLEGED SODOMY TOOK PLACE BELONGS TO ANWAR'S FRIEND
The APARTMENT UNIT NUMBER 1151 of DESA DAMANSARA CONDOMINIUM, where the alleged sodomy as claimed by the victim, MOHD SAIFUL BUKHARI AZLAN, took place; DOES NOT belongs to Saiful or rented by him.
The said unit is in-fact, BELONGS TO A FRIEND OF DATO SERI ANWAR IBRAHIM, whom had given him the access (the keys and entering card, both presumably) to the apartment; according to one news report.
ANWAR IBRAHIM WAS DISCREETLY SEEN ENTERING THE REPORTED CONDO, CLAIMED SECURITY GUARD
"Yes, I SAW HIM enter once or twice, but this was quite a while ago. He came in a vehicle not commonly available in
SAIFUL BUKHARI'S CASE HAS NOW BEEN OFFICIALLY CLASSIFIED AS SODOMY
The SEXUAL REPORT against DATO’ SERI ANWAR IBRAHIM has been classified as SODOMY.
This was the first time police have revealed that investigations had started after earlier saying that the allegations were mere heresay.
Yesterday, Deputy Inspector-General of Police Tan Sri Ismail Omar put to rest speculation about the investigations.
"The case has been classified as sodomy," he told the New Straits Times, adding that he could not comment further as investigations were still going on.
Checks yesterday (by NSTP) also revealed that doctors at the
Tuesday, 1 July 2008
SAIFUL BUKHARI GETS THE MOST NEEDED SUPPORTS ADDING NEW PERCEPTION AND PERSPECTIVE INTO ANWAR IBRAHIM'S STANDS
“Our ENGAGEMENT PHOTOS have been widespread in various blogs since 2 days ago. wat was supposed to be one of our own privately cherished memories are now being used as tools to further fuel speculations by irrespensible parties. FOR THOSE WHO STOOD FOR ME, i give my greatest thanks. but i say again, i will stand by his side thru it all. our engagement photos being posted on blogs is just d tip of d iceberg. i am well aware of the monstrous battle that is looming ahead. we will weather it out. insyallah we will come thru alright. NO MATTER HOW LONG IT TAKES. JUSTICE WILL PREVAIL.”
needed) in her blog titled ‘a step in my Pink Mary Jane”. Janna is the fiancé to MOHD SAIFUL BUKHARI AZLAN, the guy who lodged a police report against PKR De Facto Leader and the most talked about politician, most probably throughout the whole South East Asia region currently now; DATO SERI ANWAR IBRAHIM.(Read here) (and here) (and of course here too)
"We've got no help or connections with Umno. All he wanted to do is to expose the heinous crime."
And the so-called Uncle putting the family's trust in Saiful Bukhari and supports his nephew’s intention of exposing the unknown. Plus the then hiding of Anwar, taking a desperate refuge in a foreign embassy and the surprising inclusion of a 23-year old handsome young male (Saiful Bukhari) with only a ‘3 months old know-by’ into Anwar’s circle of friends to subsequently becomes a Special Assistant; have put the ball so much, so clearly and so obviously now in Anwar Ibrahim’s court. Monday, 30 June 2008
ANWAR IBRAHIM SHOULD STOP HIDING AND SELLING, TO START ROLLING THE TRUTH
this reported accusation of him being the party involved in a sodomy case against one, MOHD SAIFUL BUKHARI AZLAN. IF NOT for the reason of BEING THE MAN OF HIS WORDS, then DO IT for the reason of facilitating the police to carry on their duties in investigating this case, thoroughly and fairly. Which means, Anwar has to make himself available NOW that he is needed. The problem now that Anwar since has exclusively made the TURKEY EMBASSY as his own; is the PROTOCOL that the police or Malaysian Authorities have to obtain from the Turks in order to get to Anwar. And this does not go well with many Malaysians.(Read here)
There’s NOTHING…nothing to be afraid of if we are in the truth. And there’s NOTHING…nothing worth dying for other than doing if for the truth and of what we believe in and fighting for. IF NOT WILLING, THEN JUST BE HUMAN INSTEAD OF SUPER-HUMAN…JUST BE MALAYSIAN INSTEAD OF SUPER-MALAYSIAN. JUST BE ANWAR BIN IBRAHIM, INSTEAD OF DATO’ SERI ANWAR IBRAHIM THE CONQUEROR OF EVIL, THE SAINT OF JUSTICE, THE FATHER OF REFORMATION, THE TIME MAGAZINE 100 MOST INFLUENTIAL MAN etc…
around the nation. We even had an INNOCENT GIRL put to SHAME (and mentally tortured) through the irresponsible acts of some people in PUBLISHING HER PICTURE. Read the article here, and you Dato’, perhaps will understand more of what the heck of a situation is happening now…much because of you.Sunday, 29 June 2008
TOLONGLAH HENTIKAN ETIKA YANG TIDAK BERTANGGUNGJAWAB INI! JANGAN KAITKAN YANG TIDAK BERKAITAN
Sikap segelintir BLOGGERS dan media-maya Gambar yang mempamerkan Saiful bersama TUNANGNYA, yang tidak langsung mempunyai kaitan di dalam kes ini, AKAN MEMBERI KESAN YANG MEMALUKAN DAN MENGAIBKAN KEPADA PEREMPUAN TERSEBUT DAN DIKHUATIRI AKAN MENJADI BAHAN PERBUALAN DAN SINDIRAN ORANG LAIN. PLEASE DO HER A BIG FAVOR AND STOP PUBLISHING THE PIC.
Walau apa pun keputusan dan jalan cerita mengenai kes Anwar-Saiful ini, INSAN YANG TIDAK ADA KAITAN TIDAK HARUS DIPOTRETKAN BERSAMA DALAM APA BENTUK KONTEKS PUN.
Saya menyeru kepada semua yang terlibat, supaya BERTANGGUNGJAWAB DAN PRIHATIN DI DALAM SOAL INI.
Sunday, 22 June 2008
PARTI KEADILAN ABSCONDED DONATIONS FOR PAKATAN RAKYAT 100 DAYS CELEBRATION
Ezam Mohd Nor, Former PKR Youth Chief, yesterday MADE AN ALLEGATION OF MISMANAGEMENT OF FUNDS donated by various companies for the celebration of PAKATAN RAKYAT 100’DAYS IN OFFICE, by Parti Keadilan Rakyat (PKR).The donations which were meant and supposed to go to the State were instead DEPOSITED into PKR’s own account.
Ezam said he will prove the allegation and the documents proving the wrong-doing are forthcoming.
No statement has yet been made by Selangor MB, Tan Sri Khalid or any PKR top members DISCREDITING the matter.
Sunday, 15 June 2008
M'SIAN OIL SUBSIDY: THE FACTS WE CANT SIMPLY IGNORE. THE REALITY WE CANT SIMPLY ESCAPE
UNIT PERANCANG EKONOMI (EPU) DAN MAJLIS TINDAKAN EKONOMI NEGARA (MTEN) (Terbitan Julai 31, 2005)
OIL PRICES AND SUBSIDIES – THE EXPLANATION
(Note: click on the table chart to view in larger size)
• Since mid-2004, the price of crude oil has increased substantially on the world market. For example, the West Texas Intermediate (a reference price used in the
• The main causes for these increases are:
- The existence of a tight market due to the small margin between production (83.0 million barrels per day (bpd)) and demand (82.5 million bpd);
- High demand for oil by
- Uncertainty of supply in some OPEC (Organization of Petroleum Exporting Countries) countries.
- Adverse weather conditions such as Hurricane Emily in
- Speculation on oil prices.
2. Our country produces oil. So why should we increase fuel prices?
• The price of oil and petroleum products are determined by the international market based o
n supply and demand. These are factors beyond our control. OPEC also plays an important role in setting oil production levels which in turn, affect the market price. Although
• If there is a large increase in oil prices on the world market, it affects the price of petroleum products such as diesel, petrol and cooking gas (LPG) in our country.
• By comparison, fuel in
• Due to the much lower prices of diesel in
4. How does the Government ensure fuel prices are cheaper compared to neighbouring countries?
Petroleum Products Cost
+ Operational Costs
+ Margin for Distributors of Petroleum Products
+ Commission for Owners of Petrol Stations
+ Sales Tax
- Subsidies
= Retail Price

6. What are subsidies?
• Subsidies are money paid to producers or retailers of a given product by the Government, in order to lower the retail price. It is a form of assistance for a given industry or segment of society.
7. How long will subsidies be maintained? Should they be abolished?
• The Government will continue to provide fuel subsidies but the amount would be determined by the state of Government finances.
• The Government is devising a more effective method to ensure that fuels like diesel and LPG are enjoyed by those truly requiring it such as fishermen, public transport operators and operators of river transportation in Sabah and
8. What are ‘taxes forgone’?
• Diesel and petrol are subject to sales taxes of 19.64 sen per litre and 58.62 sen per litre respectively. These taxes are revenue for the Government in addition to being a means of maintaining stable petroleum product prices. But the Government has decided to forgo this tax so that the retail price of petroleum products remains reasonable. This actually results in a loss of revenue for the Government.
• Recently, the amount of taxes forgone has increased. For example, in 1993, RM190.8 million was forgone, while in 1999 it amounted to RM2.6 billion. This year, it has rocketed to RM7.9 billion. Sales tax exemptions for diesel began in October 1999 following increasing prices, while for petrol it began in June 2004.
9. What are the negative effects of subsidies?
• One of the adverse effects of subsidies is market distortion, meaning the price of the commodity does not reflect its actual cost. This jeopardizes the national economy as it would lead to excessive fuel consumption and wastage in addition to unhealthy practices such as illicit trade, cheating and smuggling. The Government cannot permit the gap between market and subsidized prices to increase as this could encourage profiteering. Today, irresponsible parties make illegal profits by purchasing diesel at subsidized prices and selling it at higher prices to the non-subsidised sector.
• Another outcome from heavy subsidies is the smuggling of fuel, particularly diesel, to neighbouring countries. This is akin to giving foreigners the subsidies intended for Malaysians. Our country suffers a great loss. Based on projected subsidies of RM6.6 billion for 2005, smuggling 10 percent of fuel out of Malaysia would be equivalent to an outflow of RM660 million.
• The Government also has to spend more for enforcement personnel and equipment in order to arrest smuggling activities.
• Also, huge subsidies are ‘opportunity costs’ which prevent us from allocating more to national development to benefit a larger segment of our population. Savings from subsidies could be used to build more schools, hospitals and public facilities which would provide long lasting benefits for our future generations.
• Today, both the rich and the poor benefit from subsidies which are actually meant for the latter.
• Subsidies also jeopardize the ability of the Government to reduce the budget deficit.
10. How much would fuel and petroleum products cost without subsidies?
• Without subsidies, premium petrol (RON97) would cost RM2.45 per litre, and not RM1.62 that we are paying now. In fact when a consumer buys a litre of premium petrol in Peninsular Malaysia, the Government bears 82.82 sen that is 58.62 sen in the form of taxes forgone and 24.20 sen in subsidies.
• The actual cost of diesel in Peninsular Malaysia is RM2.07 per litre. Consumers pay RM1.28 per litre because of the 59.13 sen subsidy and 19.64 sen tax forgone, per litre.
• The unsubsidized retail price of cooking gas (LPG) in Peninsular Malaysia is RM2.39 per kg. However, consumers buy LPG at RM1.45 per kg. This means that there is a subsidy of 93.92 sen per kg. For example, a 12 kg cylinder of cooking gas costs RM17.40 when in fact, the actual cost is RM28.67. In other words, for each cylinder of cooking gas purchased, the Government subsidizes the consumer RM11.27.
11. How much does the Government spend on fuel subsidies?
• The more fuel consumers use, the higher the amount borne by the Government for subsidies.
• As illustrated in Table 5, subsidies in 2001 were RM2.4 billion based on an average WTI crude oil price of US$25.24 per barrel. In 2004, the subsidies increased to RM4.8 billion based on the average international oil price of US$41.60 per barrel.
• This does not factor the loss of revenue from taxes which has also been increasing. Losses in 2002 of RM3.3 billion rose to RM4.8 billion in 2003 and reached RM7.2 billion in 2004.
• By increasing the retail prices of diesel and petrol on July 31 2005, the Government will save RM1 billion on subsidies. For 2005 subsidies are now expected to be RM6.6 billion compared to RM7.6 billion before the price increase (2004 subsidies totalled RM4.8 billion), as illustrated in Table 5.
• Large subsidies are ‘opportunity costs’ as the substantial amount of money could be better used to benefit the rakyat, for example, by building schools or public amenities.
12. The Country benefits from increased oil prices. Why can’t the Government increase its subsidies?
• When oil prices rise, the Government’s revenue increases accordingly. However, subsidies borne by the Government also increase from RM4.8 billion in 2004 to a projected RM6.6 billion in 2005.
• It is true that as oil prices on the global market increase, the country’s export earnings from oil goes up. However, the Government chooses to spend this additional income responsibly. It would be unwise of the Government to utilize the additional income earned to fully subsidize fuel prices.
• We must remember that gains from the increase in oil prices will only benefit us in the short term. In the medium term, subsequent increases in oil prices will adversely impact the world economy and being an open economy Malaysian exports would reduce and consequently national income contracts. As such, in the medium term an increase in oil prices does not benefit us.
• Furthermore, we still have to import to meet some of our domestic oil needs. While it is true that we gain from exports of oil at higher prices, we still have to pay more for the oil that we import.
13. What is the impact of subsidies on Government finances?
• Subsidies and tax exemptions impact Government finances in five ways:
- First, it results in an increase of the operating expenditure. Subsidies of RM6.6 billion in 2005 represent 7.4 percent of operating expenditure. Without subsidies, the fiscal deficit could be reduced.
- Second, if the savings are not used to reduce the deficit, it could instead be utilized for development. RM6.6 billion spent on subsidies represents 23.3 percent of the 2005 development budget, which is equivalent to building 600 secondary schools assuming it costs RM11 million to build one school.
- Third, tax revenue forgone represents a loss in revenue for Government. Sales tax revenue forgone of RM7.9 billion in 2005 represents 8 percent of revenue. If collected, this money could be used to build 316,000 low cost houses.
- Fourth, subsidies and sales tax forgone amounting to RM14.5 billion is sufficient to reduce the fiscal deficit from 3.8% of GDP to 0.7% of GDP for 2005. This would in turn strengthen the Government’s financial position.
- Fifth, a small deficit means that the Government can reduce its borrowings.
14. Should the Government use up contributions by PETRONAS to pay for subsidies?
• In fact, contributions by PETRONAS are sufficient to fully cover fuel subsidies.
• However, spending on subsidies are one-off expenditures which do not generate further income for the nation and its people. Although the Government could fund increased subsidies, it would not be the most prudent course of action as it would adversely affect funding for other productive projects.
• If the rakyat and Government can share the cost of rising fuel prices, thus reducing the need for subsidies, a part of the contributions from PETRONAS can instead be directed to generate new sources of income.
15. PETRONAS profits have increased due to rising oil prices. Shouldn’t PETRONAS contribute more to absorb the cost of rising fuel prices?
• Since its establishment in 1974 PETRONAS has made significant contributions to the nation’s development. During the financial year 2004/2005 it contributed RM31 billion in the form of taxes, dividends and royalties. This was an increase of 47% over the previous year’s contribution. This amount represents 53% of PETRONAS’ gross profits of RM59 billion for the year 2004/2005.
• PETRONAS only controls 30% of the
• In
• PETRONAS also subsidizes natural gas in this country. This subsidy amounted to RM25 billion since May 1997. For the power sector, the price of gas is fixed at RM6.40 per Million British Thermal Unit (mmbtu) compared to the commercial price of RM25.70 per mmbtu. This low price has enabled
16. What would happen if PETRONAS were to use all its profits to provide subsidies?
• PETRONAS is a business entity with domestic and international operations. If a substantial portion of its profits were used to provide subsidies it might be perceived as an irresponsible company, thus affecting its credibility. This could result in it being downgraded by international rating agencies.
• PETRONAS’ primary role is to manage and preserve our country’s oil and gas resources. In order to achieve this, profits must be reinvested into exploration activities both domestically and internationally. In addition, profits should also be spent on research and development.
• In the financial year 2004/2005 PETRONAS spent 61% of its total investments, or RM10.7 billion in exploration activities. If there are no new oil discoveries,
• Such investments in exploration have resulted in annual increases of oil reserves by 2 – 3% annually. Clearly, this would not be possible if PETRONAS uses all its profits for subsidies.
17. What options are open to the Government in addressing the increase in oil prices?
• The Government has three options:
- To maintain the retail price of petroleum despite rising international market prices.
This would require the Government to increase subsidies and taxes forgone to match the rise in product cost, resulting in an even larger gap between subsidised and market prices of fuel. This would result in less money available for development and would impose severe strains on the Government’s financial position; or
- To completely remove subsidies and reimpose sales taxes; thus allowing fuel prices to be determined solely by market forces. If this is done, there will be no disparity between retail prices in
- To gradually reduce subsidies; as has been done in recent months. This middle path involves the sharing of burden between the Government and consumer. In this option consumers pay slightly more for fuel while the
Government continues to provide subsidies. By increasing prices gradually, consumers will be able to adjust their expenditure accordingly.
• The Government is of the view that the gap between domestic retail and world prices should be reduced gradually. From the three options listed above, the third is the best. The Government will continue to provide subsidies while the consumer contributes by sharing some of the burden.
18. What steps are the Government taking to encourage the use of alternative energy sources?
• The Government is encouraging the use of natural gas vehicles (NGV). Incentives include:
o A discount of 50% for road tax of monogas vehicles and 25% for bi-fuel (diesel) and dual-fuel (petrol) vehicles; and
o Fixing the price of NGV at about half that of petrol pump prices.
• The Government is also encouraging the use of renewable energy under the Small Renewable Energy Programme (SREP), for the generation of electricity under 10 MW using biomass, landfill gas and mini-hydro.
• Hydroelectric power is being developed in Bakun which has a capacity of 2,400 MW. This project is due for completion in 2010.
• The Government intends to introduce the use of green fuels such as biodiesel, using palm oil.
19. As consumers, what role can the rakyat play?
• Following oil price increases certain traders may take the opportunity to profiteer. As such, the rakyat must be prudent and smart in their spending.
• It is also good practice for shoppers and customers to compare prices and the quality of goods between shops prior to making purchases. Such buying habits will contribute directly to improved family finances.
• Through prudent planning and spending, consumers will also prevent wastage.
• The transportation sector constitutes 41% of energy consumption. With prior planning of trips, car pooling and the use of public transport, the expenditure on fuel could be reduced.
20. What measures need to be taken by the rakyat?
• The rakyat should realize that
• Some countries have already implemented radical energy conservation measures. Malaysians have to be prudent in their consumption of energy and should support the Government’s actions in energy efficiency and saving measures.
• The Government will go down hard on irresponsible traders who profiteer from the current situation. Consumers can play a crucial role by reporting unethical practices by traders to the relevant authorities. Traders and businessmen on their part must be responsible and not exploit the public by raising the price of goods and services indiscriminately.