KUALA LUMPUR (Dec 27): The Malaysian Chinese Association (MCA) wants to know if the Pakatan Harapan government has profited in oil money on the back of lower oil prices over the last two months at the people's expense.

In a statement today, MCA claimed that when international oil prices were spiralling southward over the past two months, the government, instead of subsidising the petrol price, had actually gained from the price difference quietly, supposedly earning RM1.2 billion between Nov 8 and Dec 24.

"Has the Pakatan Harapan government been quietly taking away RM1.2 billion of oil money in these two months, from the rakyat's pockets?" asked MCA Central Committee member Lau Chin Kok.

While Lau commended the Finance Ministry's announcement to bring back the weekly float system to determine the fuel price for RON95 starting Jan 1, Lau said the minister should clear the air as to whether the government had actually gained the said sum, and what use it had been put to.

"Despite international crude oil prices being on the downtrend since November, the government had been keeping an attitude of 'no comments, no response and no adjustment', especially the Minister of Finance who is more obsessed in targeting MCA and Tunku Abdul Rahman University College, rather than tackling more important local and international economic issues," he said.