Shamsul on governance

Former Petronas CEO gives his views on why the national oil company must stick to the spirit of the Petroleum Development Act

A few months after his appointment to the helm of Petroliam Nasional Bhd (Petronas) in February 2010, Tan Sri Shamsul Azhar Abbas noticed something strange just outside the Petronas Twin Towers. Two lorry loads full of hampers were being unloaded. When he asked a security guard about this, he was promptly told that this was not an unusual sight as it happened every year, just around the time of festive celebrations.