Malaysia’s cheap petrol fuels ‘shadow economy bonus’ for smugglers

Malaysia has raised the alarm over potential misuse of subsidised petrol in its states bordering Thailand, with data showing some motorists rapidly exhausting their monthly quotas – raising suspicions that a new fuel aid scheme is being exploited to feed smuggling networks.
Under the Budi95 scheme that was rolled out nationwide on September 27, eligible Malaysians pay 1.99 ringgit (42 US cents) per litre for RON95 petrol instead of the unsubsidised 2.60 ringgit.
The subsided amount of fuel is…