It’s not for Bung to say we can’t get 20% oil royalty, says Sarawak minister

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Analysts have cautioned against expectations of higher oil and gas royalties because of the worldwide slump in the industry. (File pic)KUCHING: A Sarawak minister said Sabah Umno chief Bung Moktar Radin has no say on whether Sabah and Sarawak can get 20% oil royalty from Putrajaya.“It’s not for Bung to decide on whether Sabah or Sarawak can get the 20% oil royalty or not, ”Sarawak’s Tourism Minister Abdul Karim Rahman Hamzah told FMT.“Whether Sabah or Sarawak get the 20% oil royalty wholly depends on the executive’s decision. If the prime minister agrees, then it will happen. Therefore, I’ll take his statement as his personal opinion only,” he added.He was commenting on Bung’s recent statement that there was no way for Sabah and Sarawak to get 20% oil royalty from Putrajaya.Abdul Karim Rahman Hamzah.“We have done our research on the Malaysia Agreement 1963 on oil royalty and t…