SUBSIDISING SINGAPORE
1. Tan Sri Hj Hadi Awang has suggested that an RCI be set up on the secession of Singapore.
2. That happened a long time ago. Most of the people involved are no longer around.
3. More relevant is the continued sale of raw water at 3ยข per 1000 gallons to Singapore.
4. From this sale Singapore makes a profit of RM3,312,375,000 (three billion, three hundred and twelve million, three hundred and seventy-five thousand) a year.
5. Since Malaysia has stopped negotiating for an increase of the sale price of raw water we are effectively subsidising Singapore with the stated amount per year.