Khairy: Let Petronas’ accounts be made public

Khairy: Let Petronas accounts be made public

KOTA KINABALU: Umno Youth deputy chief Khairy Jamaluddin has joined the chorus of calls for Petronas’ accounts to be made public.

Khairy, who is the Rembau MP, felt that the move was necessary as people continued to question why the national oil corporation was unable to absorb the rising cost of fuel with its profits.

I will bring it up in Parliament and will ask the Government to make it public, he told reporters after presenting a RM5,000 donation to the Seri Mengasih school for the intellectually-handicapped here on behalf of Sabah Umno Youth.

He said although the Government had provided various incentives to cushion the hike, Sabahans and others still asked why as an oil-producing country, Malaysia was not able to absorb the rising fuel cost.

We as Barisan Nasional backbenchers are finding it hard to explain to the people. It is better to make the accounts public, said Khairy, who is on a two-day visit to the state.

He expressed confidence that Petronas would be able to give a full account of its operations.

link:http://thestar.com.my/news/story.asp?file=/2008/6/15/nation/21559108&sec=nation

‘He said although the Government had provided various incentives to cushion the hike, Sabahans and others still asked why as an oil-producing country, Malaysia was not able to absorb the rising fuel cost.’ - bcos ur father-in-law do not hw2 manage the budget!!

make public,but how much will not be mention???
how much wasted by doin stupid projects, in2 their pockets???

KOTA KINABALU, June 16 (Bernama) – High oil prices which recently breached US$130 per barrel are posing a real threat to economic growth, Deputy Prime Minister Datuk Seri Najib Tun Razak said Monday.

Najib said the price hike might even derail efforts to improve some already weakened economies.

“This could force governments to go into raising budget deficits amid soaring inflation,” he said in his keynote address at the opening ceremony of the Second International CEOs Conference 2008 here.

The text of his speech was read by Second Finance Minister Tan Sri Mohamad Nor Yakcop.

Najib said globally, the fuel crisis had already caused destablising effects on major sectors such as aviation, land and sea transportation, fisheries and industries as well as the consumers.

“It has forced airlines to cut flights and lay off workers, fishermen to go on strike, angry bus drivers to force public transportation to a halt, motorists to do panic buying as well as countless demonstrations against governments,” he said.

Najib said the world economy was also currently facing an extended period of high food prices with its consequent effects on inflation.

In this regard, he called on world leaders to come up with rescue packages to tide over the present food crisis affecting countries in the region.

Japan had already pledged to do so to ease the current crisis, the Deputy Prime Minister said.

“It is an opportune time to call on world leaders, particularly food surplus nations among the developed countries to release their rice and cereal stocks,” Najib said.

“There is also a need to ease the flow of food aids to crisis-affected regions to save people from starvation, hunger and malnutrition,” he said.

Najib said the global economic environment would continue to experience further liberalisation while uncertainties remained in the outlook of major economies.

“Rising oil prices further exacerbated the downsides. Against this backdrop, it is imperative that we take a new sense of urgency to reposition our economy to not only support growth, but also improve on the quality of growth,” he said.

Najib said in embracing globalisation, the key strategies towards achieving greater success required a renewed focus on building competitive niches integrated into the global economy.

that’s only a political gimmick :lol: :lol: :lol: in furtherance of his political ambition. good night miricom

too much of this internal agenda… :x

Aiyah… sure they window dressing those account one lah.
They wouldn’t report the actual matters in the financial accounts.
Khairy just wanna gain popularity with this issue.