The federal treasury loses RM8 billion in revenue every single year because it preferred total control over massive growth.By insisting on 100 per cent control of a starved economy, Putrajaya takes home RM10 billion. By settling for its legal 60 per cent share of a thriving Sabah, it would pocket RM18 billion annually.
This compounding error began in 1974, when administrative manoeuvres froze Sabah's 40 per cent constitutional cash handout at a flat RM26.7 million. This is what the central government’s “effort” to retain 100 per cent of the state's revenue as federal income.