Is this what we call scraping the barrel, the oil barrel? Sarawak Report "It is worth noting that official documents in third countries like America and Australia (where transparency is required in business dealings, unlike Malaysia) Pexco is referred to as an affiliate of Usaha Tegas, which implies that while the Ananda Krishnan company controls Pexco, it may not entirely own it. Sarawak Report suggests that the people of Sarawak should be informed therefore as to whom exactly this concession for their off-shore reserves has gone. Who are all the shareholders of Pexco? Given the information so far, there is a rightful concern that BN political leaders appear to be busily stuffing what remains of the country’s dwindling oil reserves into the pockets of their known business cronies and their off-shore registered businesses!" Read more : sarawakreport.org/2013/06/top-bn-crony-secretly-secures-sarawak-oil-fields-exclusive/
Posted on: Tue, 11 Jun 2013 12:36:35 +0000
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