M'sia's May 1 Fuel Pricing Plans Scrapped?

The rumour is that the plan is off, the govt will continue subsidizing our petrol however at a smaller percentage. Prices expected to increase 10 cents or more.

Well, might be true as i just got the news that the bank has abandon the project for reasons only known to them. Prices of petrol is rumored to be increase as what u mentioned from May 1st initially (Happy Labour Day!!!!!).

The questions that the opposition will be pressing is how much have the G be compensating the banks and IT company for developing the system for this "scrapped" project? I mean we're talking abt millions of hard earned taxpayer's money!!!!!

Well, its not going to be the crooked bridge proportion. Might be RM50-RM100 mil.

Well, well... couldn't feed the cronies eh? plan B then..