KUALA LUMPUR • Malaysia’s energy-rich Sarawak state will pursue legal proceedings against national oil company Petronas over the non-payment of sales tax, backtracking on a settlement agreement reached last month, national news agency Bernama reported. Petronas and Sarawak had reached the settlement deal, with the energy company agreeing to pay RM2 billion (S$653 million) in back sales taxes, and Sarawak agreeing to drop a civil lawsuit it filed last year to seek the funds.
