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Wee Ka Siong accuses Azmin of misleading Dewan Rakyat over oil royalty

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In its election manifesto, Pakatan Harapan had promised to pay 20 percent royalty to oil-producing states so that states could fund more of their own development.
Under the Petroleum Development Act 1974, Petronas is supposed to pay the federal government and any relevant state government “cash payments as may be agreed between the parties concerned.”
This is in exchange for having the states surrender its oil and gas rights over to Petronas, which is otherwise the state’s prerogative under the Federal Constitution.
In Dewan Rakyat today, Ayer Hitam MP Wee Ka Siong and Economic Affairs Minister Mohamed Azmin Ali locked horns over the issue.
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