Monday, August 30, 2010

Kelantan sues Petronas over oil royalty

The Kelantan government, led my menteri besar Nik Abdul Aziz Nik Mat, has filed a suit against national oil and gas company Petronas, to claim unpaid oil royalty since 2004 that covers alleged breach of contract and also raises constitutional issues.

Nik Aziz, accompanied by his deputy Ahmad Yaakob and senior excos Husam Musa and Takiyuddin Hassan, witnessed the filing in Kuala Lumpur this morning. Also present were PAS treasurer Mohd Hatta Ramli and senior lawyer Tommy Thomas representing the Kelantan government.

Among the reliefs sought are: 1. Specific performance of the Kelantan Petroleum agreement; 2. An account to be taken or an inquiry ordered requiring Petronas to make full and truthful disclosure of all relevant facts relating to cash payments payable to Kelantan include the period; 3. An order that all arrears of cash payments be paid to Kelantan within one month; 4. An order of all future cash payments be paid to Kelantan; 5. Damages; and 6. Interests and costs along with other relief and liberty to apply.

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