About 35 years ago, 1976 (Tun) Abdul Rahman Yaakub signed an agreement with (Petronas) Kuala Lumpur to give it full authority to undertake oil exploration and in return, SARAWAK was given a 5 % oil royalty annually.The question is where most of Sarawak leaders at that time (inclusive of James Wong) requested for 15% but Chief Minister at that time, (Tun) Abdul Rahman agreed with 5% oil royalty.One must remember that Taib Mahmud, who is a niece of Tun Rahman , in 1965 was dismissed from his post as a Minister of Communications and Works by Datuk Stephen Kalong Ningkan , who was then the Chief Minister of Sarawak. Taib was dismissed for his role to initiate the vote of no confidence against Ningkan but with the help of Federal government Ningkan was overthrown from his Chief Ministrial job and Taib once again made a minister but with more important potfolio as a Development and Forestry Minister.
Many people believed that the 5% agreement was part of Tun Rahman payment to UMNO for the roles that the party played in ousting Iban Chief Minister Datuk Stephen Kalong Ningkan 10 years back.
Yesterday once again the history repeated. Dato Abang Johari Tun Openg announced that Sarawak is a "Fixed Deposit" for Barisan Nasional. Many believed such announcement was made as a payback to Federal government for a role it played during a just concluded Batang Ai by-election. During the election, Federal government had promised to allocate more fund to Batang-Ai. The promised helped BN to win Batang Ai with bigger majority. And last week just before DUN sitting, new Deputy Prime Minister (DPM) Mahyuddin came to Sarawak to deliver the promised......We had been sold to Najib.
"Agi Idup Agi Ngelaban"