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10 APRIL 2024

Thursday, February 28, 2019

Guan Eng to respond to blogger’s allegations on tunnel probe tomorrow

Finance Minister Lim Guan Eng.
PUTRAJAYA: Finance Minister Lim Guan Eng today said he would respond to allegations raised by a controversial blogger tomorrow.
Lim said this when approached by reporters after an event here. He declined to elaborate.
Blogger Raja Petra Kamarudin had recently published several blog posts on the Malaysian Anti-Corruption Commission’s (MACC) investigation papers into the tunnel and related road projects, estimated to cost RM6.3 billion.
Several Penang state executive councillors were implicated in the investigations, according to these blog posts.
Responding to the blog posts, Deputy Chief Minister II P Ramasamy had said he was ready to give evidence in court if there was proof that he was involved in corrupt practices over the tunnel project.
On another matter, Lim said there was no need for the federal government to table an additional budget following the lowering of the ceiling price for RON95 petrol.
Lim said the government could afford to bear the petrol subsidy for Malaysians as the government was spending public funds wisely.
“For now, there is no need for an additional budget,” he said, in response to reports that oil prices were dropping further.
Yesterday, Prime Minister Dr Mahathir Mohamad had also said there was no immediate need to recalibrate Budget 2019 despite the decline in world crude oil prices.
Yesterday, the government lowered the ceiling price for RON95 from RM2.20 to RM2.08 per litre. This will be in effect for the next six months.
Petrol pump prices for RON95, RON97 and diesel will continue to be set according to the Automatic Price Mechanism (APM) on a weekly basis but the price of RON95 will not exceed this new ceiling price.
The new petrol pump prices are announced every Friday. -FMT

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