Slash top TNB staff’s benefits instead of raising tariffs, govt urged

Free Malaysia Today

Civil society group Aliran fears industry costs will be passed on to consumers and worsen inflation.  Read More: https://www.freemalaysiatoday.com/category/nation/2025/02/06/slash-top-tnb-staffs-benefits-instead-of-raising-tariffs-govt-urged/  Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/06/kurangkan-faedah-kakitangan-tnb-bukan-naikkan-tarif-kerajaan-digesa/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #TNB #Staff #Benefits #Tariffs

Transcript

00:00Civil society group Aliran has urged the government to slash Tenaga Nasional Berhad's expenditure,

00:07particularly the benefits enjoyed by its top officials, instead of raising electricity

00:12tariffs for industries.

00:14In a statement, the group questioned the need to hike the tariffs when TNB's profits had

00:18soared in recent years, expressing concern that the cost of industry players would be

00:23passed on to consumers and worsen inflation.

00:27It said that TNB recorded a net profit of RM3.74 billion from January to September 2024,

00:34a 71.2% year-on-year increase compared with the same period the previous year.

00:40Meanwhile, referring to TNB's annual report for 2023, it said the utility firm's directors

00:46received around RM7 million that year, with non-executive directors earning up to RM20,000

00:53a month in various fees.

00:55Aliran said the pay, allowances and benefit cuts of TNB's top echelon would be a national

01:01service and urged TNB to review its agreements with independent power producers to optimise costs.

01:08Prime Minister Anwar Ibrahim had said that any increase in electricity tariffs in the

01:13second half of 2025 would be done carefully to ensure that businesses are not burdened,

01:18while 85% of households would continue receiving subsidies.

01:23It was reported that the government was finalising new tariffs for Peninsular Malaysia, set for

01:28review in July.

01:30Anyu Jo, FMT News.

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