Apply global transparency benchmark to oil income, Putrajaya told

August 8, 2014

Dateline 2014-07-11, The Malay Mail (I used to love reading this paper in Egypt):

Malaysia should adopt an international standard on the handling of oil, gas and mineral revenue to provide clarity on how Putrajaya spends the tens of billions in petroleum revenue it receives yearly, a PKR MP said today.

Lembah Pantai MP Nurul Izzah Anwar said the Norway-based Extractive Industries Transparency Initiative (EITI) would publicise the details of contracts and enable the Malaysian public to know how much oil and gas companies are paying Putrajaya.

She also pointed out that Myanmar, which is regularly accused of being repressive,  has announced that it would implement the EITI.