Malaysia’s oil royalty rumble


Dateline 2013-04-09:

One of the issues that is bound to crop up in the 13th general election campaign is oil royalty. In the past, many reasons have been presented by political parties from both sides of the divide on who is entitled to what. Perhaps this article will help shed some light on the issue.

When the Rulers and representatives of the Straits Settlements, the Federated Malay States and the Non-Federated Malay States signed the Federation of Malaya on January 31, 1948, nobody imagined the significant petroleum money conflicts that would ensue for the years to come.

 

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