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At least 6.5m litres of diesel smuggled out of Malaysia daily, misappropriated before subsidy reform – MoF

4 months ago Auto paultan

The government had always asserted that diesel subsidy rationalisation is to stem leakage, and that much of our diesel is smuggled out of the country due to the big difference in the fuel’s price between Malaysia and its neighbours. Now, we have some figures and they’re mind-bogglingly massive. According to […]

The post At least 6.5m litres of diesel smuggled out of Malaysia daily, misappropriated before subsidy reform – MoF appeared first on Paul Tan's Automotive News.

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