Petronas governance

There are reports of a supposed tussle of wills between the Prime Minister and the Board of Petronas over his choice of a non-executive, independent director for the Board. I find the way this discussion is being framed in the press and on the blogs a little puzzling.

(Click here for the full article at The Malaysian Insider)

Below is a archival footage of an interview with a youthful chairman of Petronas

In part 1 I explain the vision governing its formation, the obstacles we faced, and the amendment of the Petroleum Development Act to suit our vision.

“We don’t want to be mere tax collectors. We want to be involved from A to Z in the management and development of our oil resources.”

Part 1

Part 2

Part 3

Part 4