Azmin says oil royalty is not really royalty, as Wee points out dictionary definition


It seems like Azmin will be tasked to oversee agencies that are centred on bumiputra shareholding and wealth distribution.

KUALA LUMPUR: Pakatan Harapan's election promise of giving a 20% "royalty" to oil producing states was based on a loose definition of the word, said Economic Affairs Minister Datuk Seri Azmin Ali.

"The term cash payment is not used generally, but it is generally understood to mean a royalty.

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