PUTRAJAYA: The Domestic Trade and Cost of Living Ministry (KPDN) is beefing up enforcement of the RON95 petrol subsidy under the Budi Madani RON95 (Budi95) initiative nationwide through an intelligence-led approach to prevent misuse.
KPDN enforcement director-general Azman Adam said the move aims to ensure there are no leakages.
He noted that the ongoing conflict in the Middle East, which has pushed up global oil prices, could attract foreign parties seeking cheaper petrol supplies in Malaysia.
“We will continue to enhance intelligence-led enforcement and strengthen control at border entry points,” he told Bernama.
Yesterday, Prime Minister Anwar Ibrahim announced the subsidised price of RON95 petrol under the Budi95 initiative will remain at RM1.99 per litre.
A review with national oil company PETRONAS found that the country’s petroleum product supply is sufficient at least until May.
Azman said KPDN is intensifying monitoring at petrol stations nationwide.
He said the ministry has about 2,400 enforcement officers ready to be mobilised for this purpose.
