Retail oil prices: no hidden tax, says johari

Dateline 2016-08-04, Borneo Post Online:

The retail prices of petrol and diesel for the month of August are set under the managed float mechanism as promised by the government with no hidden taxes involved, says Second Finance Minister Datuk Johari Abdul Ghani.

He was responding to claims by opposition MP Rafizi Ramli that oil prices are manipulated to enable the government to collect ‘hidden taxes’.

Speaking to reporters at a Hari Raya Aidilfitri function organised by Perbadanan Nasional Bhd here yesterday, Johari said the prices of RON95 and RON97 petrol for August were maintained at RM1.75 and RM2.10 a litre respectively while diesel price was raised by 10 sen to RM1.80 a litre.

Johari said although crude oil prices on the market were quite high in June and July, the government did not raise retail oil prices for the two months out of concern and consideration for the people.

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