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Where did Umno stashed RM2t in Petronas monies?
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Petronas and Petros’ neverending story
The Edge 2025 Replay: The protracted dispute between Putrajaya and Petros seemed to have been put to bed. But the lawsuits filed seem to suggest it is far from over.
KUALA LUMPUR, Jan 30, 2026: The above damning image alleged how Umno siphoned away RM2 trillion.
Why has there been no denial or clarification from the Governments of Malaysia (elected every five years)?
Even the so-called Madani Unity Government (UG)’s silence is deafening!
So, you should ask this: Why are the majority Malays still poor under the Umno-led Alliance and later the Umno-led Barisan Nasional (BN) after some six decades since Merdeka (Independence) 1957?
Has the federal governments worked demi rakyat dan negara (for people and country).
Both Sabah and Sarawak (especially Sarawak) are now fighting Petronas and the Government for their oil royalty rights.
Can anyone really blame Sarawakians and Sabahans for not trusting the federal government and Petronas?
Federal Court to decide on March 16 Petronas’ bid to seek clarity on Sarawak regulatory framework
By Churchill Edward on January 30, 2026, Friday at 6:10 PMCourt, Sarawak
Petronas had formally requested the apex court to expedite the matter, with the Federal Court initially scheduled to deliver its ruling on February 3. – AFP photo
KUCHING (Jan 20): The Federal Court in Kuala Lumpur has fixed March 16 to decide whether Petroliam Nasional Berhad (Petronas) should be granted leave to seek clarity on the regulatory framework governing its operations in Sarawak.
The proceeding today was conducted via Zoom, with the federal and Sarawak governments named as respondents, represented by their respective Attorney-General’s Chambers.
Petronas had formally requested the apex court to expedite the matter, with the Federal Court initially scheduled to deliver its ruling on February 3.
On January 12, Petronas filed the motion in Putrajaya, seeking the court’s determination on the legal position applicable to its operations in Sarawak to ensure compliance with relevant laws and good governance practices.
“It is not intended to challenge Sarawak’s development aspirations or hinder the role of Petroleum Sarawak Berhad (Petros) in the state’s energy sector.
“The decision follows constructive engagements since 2024 with Petros and both the federal and state governments through a series of dialogues and negotiations,” Petronas said in a statement.
“While progress has been made on many commercial arrangements and partnerships – including the signing of Commercial Settlement Agreement (CSA) in 2020 – there have been differences which led to uncertainty in respect of the obligations applicable to Petronas,” it added.
In a related development, a Kuching High Court case involving Petros against Petronas over a bank guarantee of RM7.95 million has been postponed to February 26.
The hearing, initially scheduled for January 30, was delayed following directions from the court, according to a source familiar with the matter.
The dispute centres on Petros’ attempt to reclaim RM7.95 million paid to Petronas after the company enforced a bank guarantee in October 2024.
This followed Petros’ refusal to settle payment for gas supplied about two months earlier.
Petros contends that Petronas’ enforcement was improper, arguing that the national oil company does not hold a valid licence under Sarawak’s Distribution of Gas Ordinance (DGO) 2016 to supply gas within the state.
Separately, a Kuching High Court ruling on a leave application for judicial review initiated by five Petronas subsidiaries against the State Ministry of Utility and Telecommunication and the State Director of Gas Distribution has been rescheduled from February 3 to 2.30pm on February 6.
The five subsidiaries — Malaysia LNG Sdn Bhd, Malaysia LNG Dua Sdn Bhd, Malaysia LNG Tiga Sdn Bhd, Petronas Carigali Sdn Bhd and Petronas LNG 9 Sdn Bhd — are seeking leave to challenge penalties totalling RM120 million imposed by the Sarawak Gas Distribution Director and the ministry.
The penalties were issued for failing to apply for licences to operate in Sarawak, as required under Section 7 of the DGO 2016.
Under Section 21A of the ordinance, the maximum penalty is RM20 million per case.
However, the five subsidiaries received eight notices, with RM15 million imposed for each offence.
March 16 set for Federal Court hearing on Petronas-Sarawak dispute
January 30, 2026 @ 6:32pm
-NSTP FILE PIC
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PUTRAJAYA: Petroliam Nasional Bhd (Petronas) will have its application to seek leave from the Federal Court to refer legal questions on the regulatory framework governing its petroleum operations in Sarawak heard on March 16.
The apex court fixed the date today during case management before Federal Court deputy registrars Wan Fatimah Zaharah Wan Yusoff and Azaraorni Abd Rahman.
Petronas filed the notice of motion under Article 4(4) of the Federal Constitution on Jan 10, naming the federal government and the Sarawak state government as respondents.
In a statement on Jan 12, the national oil company said the application was intended to ensure that it could continue operating in accordance with the applicable regulatory framework and good governance practices.
Petronas said the move was not meant to challenge Sarawak's development aspirations nor to obstruct the role of Petroleum Sarawak Bhd (Petros) in the state's energy sector.
It said the decision to file the application followed discussions and negotiations held since 2024 with Petros, the federal government and the Sarawak state government.
While those engagements had shown progress on commercial and partnership matters — including the execution of the Commercial Settlement Agreement in 2020 — Petronas claimed differences remained over the regulatory framework applicable to the company.
Petronas called on all parties to respect the legal process and the role of the judiciary in determining the matter, and asked to not make statements that could prejudice the proceedings.
The company said it remained committed to operating transparently and responsibly in Sarawak, with operations continuing as usual.
Petronas also reiterated its commitment to strengthening ties with the Sarawak community and industry, and to working towards advancing the state's development while safeguarding national interests.
In October last year, the legal dispute between Petronas and Petros over gas distribution rights in Sarawak continued in court, placing issues of state rights and federal law under renewed scrutiny.
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