The deficiency of any account to secure Malaysia's petroleum resources for the destiny era has been described as the "serious indictment" of the government.
PKR vice boss Chua Jui Meng pronounced whilst roughly all oil producing countries have their own oil funds for their peoples' future, Malaysia still does not have such the devise despite the environment up of inhabitant oil company Petronas in 1974.
"Has there been any such oil account set up? As far as we know there has never been the disclosure by the supervision of the life of such the fund," he pronounced in the statement to Harakahdaily, lamenting the unusual resources of Barisan Nasional leaders as well as their families.
Chua forked out which four decades of oil income amounting to "billions or even trillions of ringgit" meant which the deficiency of such the account was the "tragic profanation of the people's trust".
"There is absolutely no forgive which is acceptable to Malaysians for this tragic profanation of the people's trust by our 'oil sheikhs ... Mahathir, Abdullah as well as Najib'," pronounced Chua, referring to former budding ministers Dr Mahathir Mohamad as well as Abdullah Ahmad Badawi, as well as the obligatory Najib Razak.
Prior to this, Petronas first authority Tengku Razaleigh Hamzah, now the Gua Musang part of of parliament, had revealed which the hulk company had programmed to preserve the oil resources for destiny generations through the environment up of the National Petroleum Heritage Fund, to which the percentage of oil income would be channelled.
"Instead, after 55 years, the corrupt BN supervision has given us the RM502 billion sovereign debt which is fast growing," he added, citing multiform recent exposs of mass-scale corruption of the country's wealth.
Referring to the RM250 million scandal involving the National Feedlot Corporation managed by the family of Wanita UMNO head Shahrizat Abdul Jalil, Chua pronounced it was an e.g. of how cronyism was practised during the cost of open good.
"If the National Feedlot Corporation (NFC) had not been hijacked by the Shahrizat family, low-income Malaysians today would be enjoying affordable beef. We will not be profitable about RM27 for the kilogramme of beef now when it was usually about RM7 per kg in 2000," he said.
Chua additionally spoke about the latest revelation involving minister in the Prime Minister's Department Nazri Aziz, whose counterclaim of UMNO's crony tycoon Michael Chia had been linked with benefits enjoyed by his son Mohamad Nedim Nazri, who has the penchant of flash his wealth.
"Nedim was seen pushing the more than RM500,000 Hummer purebred in the name of Michael Chia. Not usually that, cinema of Nedim wearing the Richard Mille Tourbillon (model RM 002 V2) watch worth RM1,072,000 have flush in amicable network Facebook.
"What is happening to Malaysia as well as the ruling lawmakers? Scandals which expose their huge resources are surfacing continually whilst our RM502 billion sovereign debt continues to climb," Chua said.
-Harakahdaily
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