Kota Kinabalu: “There are many benefits for Malaysians if the world oil price drops to USD20 per barrel” said Datuk Dr Jeffrey Kitingan, Sabah STAR Chief, agreeing with the public who have started talks that it is better for the oil price to decline to USD20 so that the oil and gas extraction from Sabah will stop and reserved for future generations.
Malaysia has once again attained the unenviable “honour” of being in the top five countries which registered the highest average illicit financial flows over the decade.
According to the latest annual report by Washington-based Global Financial Integrity (GFI), Malaysia had lost an accumulated amount of US$418.542 billion (RM1.8 trillion) since 2004.