Malaysiakini News

Blatant lie! Minister denies 'PM collateralises gas, oil for China loan' claim

Published:  |  Modified:

Abdul Rahman Dahlan has rubbished a message that has gone viral on social media warning Sabahans, as well as the state's MPs and assemblypersons, on the Trans Sabah Gas Pipeline (TSGP) project.

The message claims that Prime Minister Najib Abdul Razak has collateralised oil and gas blocks off Sabah to China for a loan of RM100 billion.

“This, of course, is a total and blatant lie perpetrated by an irresponsible party who would benefit from people's anger and mistrust towards the federal and state governments,” said the Minister in the Prime Minister's Department.

To set the record straight, Rahman said, the owner-cum-developer of TSGP is Suria Strategic Energy Resources Sdn Bhd (SSER), a company wholly-owned by the Finance Ministry, while The China Petroleum Pipeline Bureau (CPP) is the project's engineering, procurement, construction and commissioning (EPCC) contractor...

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