Mahathir irked over questions of conflict of interest in Sapura-Kencana deal

November 7, 2012

Mahathir irked over questions of conflict of seductiveness in Sapura-Kencana understanding with PETRONAS

by Koh June Lin@www.malaysiakini.com

Former Prime Minister Dr Mahathir Mohamad was irked by questions from reporters today over a intensity conflict of seductiveness in a recent stipulate involving Petronas, in which he serves as an adviser.

NONELast week, Petronas Carigali Sdn Bhd reportedly awarded a RM700 million stipulate to a Sapura-Kencana Petroleum Bhd wholly-owned subsidiary. Mahathir's son Mokhzani is a vice-chairperson of a latter company.

Mahathir replied in a sarcastic tinge when asked during a press discussion today either there was conflict of seductiveness in a deal.

"Yes of course, he (Mokhzani) is given it since we educated Petronas. Put which in your paper.I presided over everything. we told them, greatfully give to my son as well as not to anybody else. That's what we have been we do all a time. When we was a budding minister, all was given to my children.But when all goes to a young kids of a other Prime Minister, we don't wish to discuss since he is a good man. He enables we to read, doesn't he?" Mahathir said in reply.

Sapura-Kencana reportedly done dual batch sell filings upon Nov 1, with one saying which a wholly-owned subsidiary Allied Marine & Equipment Sdn Bhd was awarded a stipulate for three-and a-half years of underwater services.

A apart understanding was also filed upon a same day, saying which an additional wholly-owned subsidiary, Kencana HL Sdn Bhd, cumulative a RM135.8 million stipulate from HESS Exploration as well as Production Malaysia BV for a gas plan at a Kamelia field, supposedly 150km northeast off a seashore of Kota Bharu.

Following this, an oil kingship vigour organisation put together a print featuring a map display a location of a gas field, a screenshot of Sapura-Kencana's website display Mokhzani as one of a directors, as well as a news clipping of a dual contracts, totalling RM836 million.

"Mahathir's son gets RM836 million in projects around SapuraKencana Petroleum Bhd to extract Kelantan's gas. The people of Kelantan don't even get a singular sen! We demand a five percent kingship or RM100 million a year from a gas income in Bunga Kamelia Well," says a print by Gabungan Profesional Tuntut Royalti, Pendaratan Minyak dan Gas ke Negeri Kelantan (Royalti).

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