Sabah mulls oversight committee on controversial carbon trading deal | Malay Mail

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Sabah mulls oversight committee on controversial carbon trading deal

KOTA KINABALU, Dec 9 — After heavy criticism on the lack of transparency into an ongoing carbon trading deal, the Sabah government is considering setting up an oversight committee as proposed by the state Opposition.

“Senallang assemblyman suggested the need to set up a special committee on this. I will look at this seriously. If needed, we will form one so it is more transparent. So hopefully this effort will work out. If it does, then allowances and allocations can be increased. Tungku assemblyman Assafal Alian also asked if the state government had included a clause that would enable it to pull out or cancel the agreement if it did not benefit Sabah.Earlier, he was asked if the 30 per cent commission to the third party, Hoch Standard, a Singapore company, was finalised and if it was going to be standard rate.“As I said, this is all in negotiations. It is not finalised yet how much the government will get and how much the company will get.

 

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