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KUALA LUMPUR: The 40% net revenue payment owed to Sabah is stipulated in the Federal Constitution, unlike claims arising from other states in Peninsular Malaysia, said Parti Warisan President Datuk Seri Mohd Shafie Apdal.
He made these remarks during a party event in Pulau Sebatik on Saturday , responding to Anwar’s speech when closing the state-level Kaamatan festival on Friday . Shafie argued that both scenarios are different and that the MA63 agreement, signed with the British and Queen Elizabeth II, was a unique arrangement prior to the formation of the Federation of Malaysia.
"Instead, it seems to obfuscate the real financial needs and rights of the state, thereby insulting the intelligence of the people of Sabah," he said. These funds are designated for various programmes and projects, with the unutilised balance rolled over to the next fiscal year, meaning they do not flow directly into the state's coffers. In contrast, the 40% net revenue entitlement under MA63 is a special grant that should be directly transferred to the Sabah state government to be used at the state's discretion.
Sabah Rm16bil Allocation Malaysia Agreement 1963 MA63 40% Revenue Entitlement Anwar Ibrahim Datuk Roger Chin Sabah Law Society Federal Allocation
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