Kota Kinabalu: The Subsidised Petrol Control System (SKPS) and Budi Madani RON95 (Budi95) will strengthen subsidy distribution to Malaysians while effectively tackling long-standing fuel subsidy leakages.
Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the initiative aligns with the Ministry’s focus on enhancing enforcement efficiency, including risk management and digital enforcement integration.
“Through SKPS and Budi95, all transactions from oil companies, petrol stations, businesses and individual consumers will be digitally recorded.
“Fleet card purchases under SKPS for companies and MyKad purchases under Budi95 for individuals enable faster and more effective monitoring and enforcement.
“The system also tracks suspicious transactions, including repeat purchases or unusual amounts, thereby resolving previous manipulation and abuse issues in the sales chain,” he told reporters after the Sabah and Labuan Customer Engagement Programme for SKPS RON95 at the Sabah International Convention Centre on Monday.
Armizan said full implementation of the targeted RON95 petrol subsidy begins on Sept 30, with the Ministry working closely with the Finance Ministry as system owner to detect suspicious transactions.
He reminded all parties to comply with regulations on fleet card usage, MyKad and other approved purchase methods when accessing the RON95 petrol subsidy.
“The Ministry will take stern action against anyone involved in manipulation, abuse or smuggling of RON95 petrol under the Control of Supplies Act 1961 [Act 122].
“Convicted individuals face fines up to RM1 million or maximum three years’ imprisonment or both, while companies can be fined up to RM2 million,” he said.
Meanwhile, the Budi95 pilot implementation on Sept 27 and Sept 28 involving security personnel and Sumbangan Tunai Rahmah (STR) recipients ran smoothly.
“According to Finance Ministry records, on the second day of implementation on Sept 28, a total of 27,916 users in Sabah accessed the subsidy, enjoying retail prices as low as RM1.99 per litre.
“Full implementation from 30 September is expected to benefit 16 million Malaysians aged 18 and above,” he added
