The Board disclosed that these significant offshore accounts are located in several jurisdictions, including Luxembourg, Hong Kong, Guernsey, the Cayman Islands, the Bahamas, and Bermuda
Its chief executive officer Datuk Abu Tariq Jamaluddin said such measures were based on information received periodically from tax authorities across the world.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
