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           Make Petronas accountable to 
          Parliament, not just the Prime Minister of the country 
           
 
          Media Statement  
          by
          Ronnie Liu Tian Khiew 
    (Petaling Jaya, 
     Wednesday): 
    
          Those who watched the CNN's Talk 
    Asia interview with Anwar Ibrahim (aired on 25 September 2004) or read the 
    transcript on the CNN.com website would know that the Petronas fund was used 
    by the former Prime Minister for bailout.  
     
    Tun Dr Mahathir Mohammad may have 
    stepped down but he should be held responsible if what was disclosed by 
    Anwar Ibrahim was left unchallenged by the government.  
     
    Barely less than three weeks after the 
    last petrol price hike, the PM is now talking about another price hike. He 
    said this is unavoidable without telling why this is so.  
     
    Most Malaysians are not convinced 
    because everyone knows that we are a significant oil producing countries. Or 
    may be the rumours about Malaysia has been selling our oil well in advance 
    at a much lower tag (around US$19 a barrel) compared to the current prices 
    were not baseless. Japanese and Taiwanese oil traders were said to be 
    laughing all the way to the bank.  
     
    Many Malaysians may not know that the 
    full account of the national petroleum company is only accessible to the 
    Prime Minister. Not even the Finance Minister. Anwar's revelations were not 
    new but they were never challenged by Petronas, Mahathir or any other 
    government leaders.  
     
    It's time to make the accounts of 
    Petronas available to all Members of Parliament for greater transparency and 
    checks and balances.  
     
    Public funds must not be treated as 
    private ones. We do not want our public fund to be used for any other 
    bailouts in future.  
          
    
          
          (20/10/2004)
          
           
     
    * Ronnie Liu 
    Tian Khiew, DAP International Secretary   
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