Saturday, September 18

Petronas denies preferential treatment, lodges report


KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) yesterday denied allegations in a blog post and online site that the it gave preferential treatment to certain companies.

An online site alleged that Petronas gave preferential treatment to an oil and gas upstream services provider.

In a statement, Malaysia’s fully integrated oil and gas company said it had filed reports with relevant authorities in regards to the posting and would leave the matter to the authorities for their further action.

“With reference to malicious allegations contained in a post in an unverified online site, Petronas wishes to state, in the strongest terms, that the allegations are unsubstantiated and untrue.

“Petronas maintains the highest standards of corporate governance and transparency in all our business dealings and we will not hesitate to take action against anyone who continues to malign the reputation and integrity of the company or its people,” it added. — Bernama