Nine barred from BUDI MADANI as MOF probes suspected RM270,000 fuel subsidy abuse
NINE individuals, including a petrol station owner and family members, have been temporarily barred from using BUDI MADANI subsidies after the MOnistry of Finance (MOF) detected suspected abuse involving more than RM270,000 at a station in Nibong Teb...
The Ministry of Finance (MOF) has temporarily barred nine individuals, including a petrol station owner and family members, from using BUDI MADANI subsidies following the detection of suspected fuel subsidy abuse at a petrol station in Nibong Tebal, Penang. The MOF discovered over 1,000 suspicious transactions involving more than 100,000 litres of petrol, amounting to more than RM270,000 in government subsidies.
The station in Sungai Buaya was subsequently blocked from selling subsidised RON95 petrol and diesel, and its subsidy payments have been withheld pending further investigation. The MOF emphasized that BUDI MADANI is designed to ensure petroleum subsidies reach eligible Malaysians for their designated purposes and will continue to enforce the scheme's rules as global energy supplies remain volatile.
Brief written by urgent.news from The Vibes's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
